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“Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty.”
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
“America feels itself to be humanity in miniature. When in this crucial time the international leadership passes to America, the great reason for hope is that this country has a national experience of uniting racial and cultural diversities and a national theory, if not a consistent practice, of freedom and equality for all. What America is constantly reaching for is democracy at home and abroad. The main trend in its history is the gradual realization of the American Creed.
In this sense the Negro problem is not only America's greatest failure but also America's incomparably great opportunity for the future.”
― An American Dilemma: The Negro Problem and Modern Democracy
In this sense the Negro problem is not only America's greatest failure but also America's incomparably great opportunity for the future.”
― An American Dilemma: The Negro Problem and Modern Democracy
“Whatever work a man may be doing, it is enough for him to try to do each action deliberately, with his mind, following every movement, and he will see that the quality of his work will change immediately.”
― In Search of the Miraculous: Fragments of an Unknown Teaching
― In Search of the Miraculous: Fragments of an Unknown Teaching
“When the Axcom team started testing the approach, they quickly began to see improved results. The firm began incorporating higher dimensional kernel regression approaches, which seemed to work best for trending models, or those predicting how long certain investments would keep moving in a trend.”
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
“Monemetrics would invest a bit of money for Simons, testing strategies in a variety of markets. If the tactics looked profitable, Simons would place the same trades in Limroy, which was much bigger and would invest for outsiders as well as for Simons. Baum would share in the 25 percent cut the firm claimed from all its trading profits.”
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
― The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution
Chad’s 2025 Year in Books
Take a look at Chad’s Year in Books, including some fun facts about their reading.
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