Gregory Zuckerman – The Man Who Solved the Market


New York Times best seller

Shortlisted for the Financial Times/McKinsey Business Book of the Year Award

The perfect gift for the avid reader on your list: the unbelievable story of a secretive mathematician who pioneered the era of the algorithm – and made $23 billion doing it.

Jim Simons is the greatest money maker in modern financial history. No other investor – Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros – can touch his record. Since 1988, Renaissance’s signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth 23 billion dollars.

Drawing on unprecedented access to Simons and dozens of current and former employees, Zuckerman, a veteran Wall Street Journal investigative reporter, tells the gripping story of how a world-class mathematician and former code breaker mastered the market. Simons pioneered a data-driven, algorithmic approach that’s sweeping the world.

As Renaissance became a market force, its executives began influencing the world beyond finance. Simons became a major figure in scientific research, education, and liberal politics. Senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign and funding Trump’s victorious 2016 effort. Mercer also impacted the campaign behind Brexit.

The Man Who Solved the Market is a portrait of a modern-day Midas who remade markets in his own image, but failed to anticipate how his success would impact his firm and his country. It’s also a story of what Simons’ revolution means for the rest of us.

Includes a PDF of Appendices 1 and 2 with charts

PLEASE NOTE: When you purchase this title, the accompanying PDF will be available in your Audible Library along with the audio.

Author: Gregory Zuckerman
Narrator: Will Damron
Duration: 10 hours 44 minutes
Released: 19 May 2011
Publisher: Penguin Audio
Language: English

User Review:

residence overcrowded

Chapter 15 was almost completely unnecessary and irrelevant. Weakens his credibility for the entire book. Extremely left and one sided. We want to hear about the fund and the story, not prime time CNN. Book fantastic besides the authors incessant unwanted political views.