具體描述
Bestselling author and veteran Wall Street Journal reporter Gregory Zuckerman answers the question investors have been asking for decades: How did Jim Simons do it?
Jim Simons is the greatest money maker in modern financial history. His track record bests those of legendary investors including Warren Buffett, Peter Lynch, Ray Dalio, and George Soros. Yet Simons and his strategies are shrouded in mystery. Wall Street insiders have long craved a view into Simons's singular mind, as well as the definitive account of how his secretive hedge fund, Renaissance Technologies, came to dominate financial markets. Bestselling author and Wall Street Journal reporter Gregory Zuckerman delivers the goods.
After a legendary career as a mathematician at MIT and Harvard, and a stint breaking Soviet code for the U.S. government, Simons set out to conquer financial markets with a radical approach. He hired mathematicians, physicists, and computer scientists, most of whom knew little about finance. Experts scoffed as Simons built Renaissance Technologies from a dreary Long Island strip mall. He amassed piles of data and developed algorithms to hunt for deeply hidden patterns in the numbers--patterns that reveal rules governing all markets.
Simons and his colleagues became some of the richest individuals in the world and their data-driven approach launched a quantitative revolution on Wall Street. They also anticipated dramatic shifts in society. Eventually, governments, sports teams, hospitals, and businesses in almost every industry embraced Simons's methods.
Simons and his team used their newfound wealth to upend society. Simons has become a major influence in scientific research, education, and politics, while senior executive Robert Mercer is more responsible than anyone else for Donald Trump's victorious presidential campaign. The Renaissance team's models didn't prepare executives for the ensuing backlash.
The Man Who Solved the Market is the dramatic story of how Jim Simons and a group of unlikely mathematicians remade Wall Street and transformed the world.
用戶評價
##剛齣版的新書《解決市場的人：西濛斯如何開創瞭量化革命》，不管是做基本麵還是做量化投資的金融市場專業人員都可以看看。文藝復興公司的大奬章基金長期年化收益率66%真是神奇的事。裏麵描繪他早期做的很多期貨投機，後來的量化，多次巨額虧損接近清盤，閤夥人分道揚鑣等等。可惜書裏沒有說到文藝復興的老闆捐款上億美元給川普競選總統成功的事。
評分##講Jim Simons成立文藝復興前的那一段很有意思，Mercer的政治影響也有意思。不要期待有太多量化乾貨，但看上去也還靠譜。超級多的小八卦和趣聞軼事。
評分##還真就雞肋唄，讀之無味棄之可惜… WSJ齣來的那幫人怎麼寫得都一樣，全部一個套路。淺嘗即止，沒有任何特殊的思考角度，深度，對市場或者人物性格剖析。最多隻能感嘆一句Simons真的是天選之子，又獲得傲人學術成就又能賺大錢，但是同時又很可憐兩次白發人送黑發人。他們根本沒有solved the market啊？？他們也不知道自己策略為什麼work好嗎。最後，據說這次危機裏麵文藝復興已經虧瞭20%瞭… 所以說不能太早寫傳記
評分##“Simons could be remembered for what he did with his fortune, as well as how he made it.”
評分##講Jim Simons成立文藝復興前的那一段很有意思，Mercer的政治影響也有意思。不要期待有太多量化乾貨，但看上去也還靠譜。超級多的小八卦和趣聞軼事。
評分##大奬章作為人類曆史上投資迴報最高的基金，其在寬客心中如上帝般高高在上。此書帶給我的最大震撼，是寬客之神西濛斯的三次非量化之舉。海灣戰爭爆發，他推倒係統，買入石油看漲期權對衝風險並減倉1/3；納指泡沫時西濛斯在危機麵前迅速放棄經仔細研判後認定為明顯錯誤的動量信號，減少損失；在金融危機前夕他不顧其他人的阻撓，聲稱“我們的任務是活下來，即使我們錯瞭，後麵還可以加倉”，快速削減倉位，西濛斯認為20個標準差外的事件必須以非常手段來對待，結果錯過瞭逆勢加倉的好機會。最近的18年底西濛斯還給自己的信托基金緻電要求做空部分倉位以對衝風險。西濛斯這類不惜犧牲對係統決策的信仰而尋求自保的態度也促使他在89年救基金於水火，快速撤離，避免瞭自己的券商倒閉，期權過期的窘境--當你嗅到煙味，就趕緊他媽的逃！
評分##COVID read
評分##歐美經管人物傳記類基本上都是流水賬，哪怕是喬布斯的也一樣。這本前半可以，乾貨新知以及作為經驗教訓先例的旁觀者都有的看。後半有一些味同嚼蠟，閤夥人中晚年享受退休生活，要麼參與政治獻金要麼撕破臉。一傢資産管理投資基金公司，招人從不認“大難臨頭最容易各自飛”的華爾街“人纔”，麵試隻要寫論文做演講以及測試是否接受得瞭“刁難”。“我能教會他們所有金融知識，但無法直接讓他們變聰明。”
評分##比外麵看到的要艱辛許多。
