Dec 31, 2019 – On this edition of FS Insider, Cris Sheridan interviews Gregory Zuckerman, author of The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution. With average returns of 66% since 1988, no other investor can touch the track record of Jim Simons. In 2008, when people were panicking, Renaissance made 150% because they developed a black box, an algorithmic computerized trading model that learns from its past trading mistakes and profits primarily from human emotion and human irrationality.
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