Gregory Zuckerman

Este libro relata la historia jamás contada de cómo Jim Simons, un reservado matemático, fue pionero del trading algorítmico y se convirtió en el mayor generador de ganancias de todos los tiempos. Ningun otro inversor, Warren Buffett, George Soros, Peter Lynch, Steve Cohen o Ray Dalio- iguala el historial de Jim Simons, fundador de Renaissance Technologies. Desde 1988, el fondo Medallion de la empresa Renaissance ha generado un promedio de retornos anuales del 66 por ciento. Esta firma ha registrado ganancias de trading de mas de cien mil millones de dolares. El propio Simons ha ganado veintitres mil millones de dolares. Tras su increible exito en la inversion, los ejecutivos de Renaissance han ejercido una gran influencia en la politica de EEUU. En la decada de 1980 y principios de la de 1990, mientras Simons creaba Renaissance, los inversores serios se aferraban a las tecnicas tradicionales: hablar con ejecutivos, examinar documentos financieros y prever la direccion de las acciones y la economia. Simons eligio un enfoque diferente. Matematico de primera categoria y ex descifrador de codigos, Simons intuyo que los mercados financieros se movian de maneras ordenadas, no simplemente de maneras que pudieran ser detectadas mediante la intuicion y la perspicacia. Simons creyo qu

NEW YORK TIMES AND SUNDAY TIMES BUSINESS BESTSELLER SHORTLISTED FOR THE FT AND MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019 Reads more like a delicious page turning novel Put it on your holiday gift list for your favourite hedge fund honcho Bloomberg A compelling read Economist Captivating New York Times book reviewJim Simons is the greatest moneymaker in modern financial history His record bests those of legendary investors including Warren Buffett George Soros and Ray Dalio Yet Simons and his strategies are shrouded in mystery The financial industry has long craved a look inside Simons s secretive hedge fund Renaissance Technologies and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods After a legendary career as a mathematician and a stint breaking Soviet codes Simons set out to conquer financial markets with a radical approach Simons hired physicists mathematicians and computer scientists most of whom knew little about finance to amass piles of data and build algorithms hunting for the deeply hidden patterns in global markets Experts scoffed but Simons and his colleagues became some of the richest in the world their strategy of creating mathematical models and crunching data embraced by almost every industry today As

Thrilling inspiring and informative page turner Walter Isaacson author of The Code Breaker You know what went wrong This is the untold story of what went right Few were ready when a mysterious respiratory illness emerged in Wuhan China in January 2020 Politicians government officials business leaders and public health professionals were unprepared for the most devastating pandemic in a century Many of the world s biggest drug and vaccine makers were slow to react or couldn t muster an effective response It was up to a small group of unlikely and untested scientists and executives to save civilization A French businessman dismissed by many as a fabulist A Turkish immigrant with little virus experience A quirky Midwesterner obsessed with insect cells A Boston scientist employing questionable techniques A British scientist resented by his peers Far from the limelight each had spent years developing innovative vaccine approaches Their work was met with scepticism and scorn By 2020 these individuals had little proof of progress Yet they and their colleagues wanted to be the ones to stop a virulent virus holding the world hostage They scrambled to turn their life s work into life saving vaccines in a matter of months each gunning to make the big

Thrilling inspiring and informative page turner Walter Isaacson author of The Code Breaker You know what went wrong This is the untold story of what went right Few were ready when a mysterious respiratory illness emerged in Wuhan China in January 2020 Politicians government officials business leaders and public health professionals were unprepared for the most devastating pandemic in a century Many of the world s biggest drug and vaccine makers were slow to react or couldn t muster an effective response It was up to a small group of unlikely and untested scientists and executives to save civilization A French businessman dismissed by many as a fabulist A Turkish immigrant with little virus experience A quirky Midwesterner obsessed with insect cells A Boston scientist employing questionable techniques A British scientist resented by his peers Far from the limelight each had spent years developing innovative vaccine approaches Their work was met with scepticism and scorn By 2020 these individuals had little proof of progress Yet they and their colleagues wanted to be the ones to stop a virulent virus holding the world hostage They scrambled to turn their life s work into life saving vaccines in a matter of months each gunning to make the big

The definitive account of a sensational trade Michael Lewis, author of The Big ShortAutumn 2008. The worlds finances collapse but one man makes a killing.John Paulson, a softly spoken hedge-fund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble. But he did - and The Greatest Trade Ever is the story of how he realised that the sub-prime housing bubble was going to burst, making $15 Billion for his fund and more than $4 Billion for himself in a single year. Its a tale of folly and wizardry, individual brilliance versus institutional stupidity.John Paulson made the biggest winning bet in history. And this is how he did it.Extraordinary, excellentObserverA must-read for anyone fascinated by financial madnessMail on SundayA forensic, read-in-one-sitting bookSunday TimesSimply terrific. Easily the best of the post-crash financial books Malcolm GladwellA great page-turner and a great illuminator of the markets crash John Helyar, author of Barbarians at the Gate

NEW YORK TIMES AND SUNDAY TIMES BUSINESS BESTSELLERSHORTLISTED FOR THE FT AND MCKINSEY BUSINESS BOOK OF THE YEAR AWARD 2019Reads more like a delicious page-turning novel...Put it on your holiday gift list for your favourite hedge-fund honchoBloombergA compelling readEconomistCaptivatingNew York Times book reviewJim Simons is the greatest moneymaker in modern financial history. His record bests those of legendary investors, including Warren Buffett, George Soros and Ray Dalio. Yet Simons and his strategies are shrouded in mystery. The financial industry has long craved a look inside Simonss secretive hedge fund, Renaissance Technologies and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods.After a legendary career as a mathematician and a stint breaking Soviet codes, Simons set out to conquer financial markets with a radical approach. Simons hired physicists, mathematicians and computer scientists - most of whom knew little about finance - to amass piles of data and build algorithms hunting for the deeply hidden patterns in global markets. Experts scoffed, but Simons and his colleagues became some of the richest in the world, their strategy of creating mathematical models and crunching data embraced by almost every industry today.As Renaissance became a major player in the financial world, its executives began exerting influence on other areas. Simons became a major force in scientific research, education and Democratic politics, funding Hilary Clintons presidential campaign. While senior executive Robert Mercer is more responsible than anyone else for the Trump presidency - he placed Steve Bannon in the campaign, funded Trumps victorious 2016 effort and backed alt-right publication Breitbart. Mercer also impacted the success of the Brexit campaign as he made significant investments in Cambridge Anatlytica. For all his prescience, Simons failed to anticipate how Mercers activity would impact his firm and the world.In this fast-paced narrative, Zuckerman examines how Simons launched a quantitative revolution on Wall Street, and reveals the impact that Simons, the quiet billionaire king of the quants, has had on worlds well beyond finance.

Este libro relata la historia jamás contada de cómo Jim Simons, un reservado matemático, fue pionero del trading algorítmico y se convirtió en el mayor generador de ganancias de todos los tiempos. Ningun otro inversor -Warren Buffett, George Soros, Peter Lynch, Steve Cohen o Ray Dalio- iguala el historial de Jim Simons, fundador de Renaissance Technologies. Desde 1988, el fondo Medallion de la empresa Renaissance ha generado un promedio de retornos anuales del 66 por ciento. Esta firma ha registrado ganancias de trading de mas de cien mil millones de dolares. El propio Simons ha ganado veintitres mil millones de dolares. Tras su increible exito en la inversion, los ejecutivos de Renaissance han ejercido una gran influencia en la politica de EE.UU. En la decada de 1980 y principios de la de 1990, mientras Simons creaba Renaissance, los inversores serios se aferraban a las tecnicas tradicionales: hablar con ejecutivos, examinar documentos financieros y prever la direccion de las acciones y la economia. Simons eligio un enfoque diferente. Matematico de primera categoria y ex descifrador de codigos, Simons intuyo que los mercados financieros se movian de maneras ordenadas, no simplemente de maneras que pudieran ser detectadas mediante la intuicion y la perspicacia. Simons creyo que acumular y analizar datos podia dar una ventaja y que el trading automatico era posible. Trabajando en un despacho destartalado en un centro comercial de Long Island, Simons contrato matematicos, fisicos y cientificos computacionales para reunir montones de registros historicos y desarrollar algoritmos para procesarlos. Su equipo busco patrones escondidos profundamente en los numeros que pudieran revelar las tan codiciadas normas que rigen los mercados. Tras decadas de esfuerzo, su enfoque basado en los datos dio sus frutos. Otros inversores empezaron a emular los metodos cuantitativos de Simons inspirando una revolucion que se ha extendido a Wall Street, al Silicon Valley y a todos los lugares donde se hacen predicciones. Cuando Renaissance se convirtio en un actor destacado en el mundo financiero, sus ejecutivos empezaron a ejercer su influencia en otras areas. Simons se convirtio en una figura importante en la investigacion cientifica, la educacion y la politica de los Democratas de Estados Unidos. El ejecutivo senior Robert Mercer es el mayor responsable de que Trump llegara a la presidencia. Situo a Steve Bannon en la campaña, financio la victoriosa campaña de Trump de 2016 y dio apoyo a la publicacion Breitbart de la derecha alternativa estadounidense (alt-right). Mercer tambien influyo en la campaña que hubo detras del Brexit. A pesar de su clarividencia, Simons no previo hasta que punto el activismo de Mercer impactaria a su empresa y a su pais.

The Frackers by Gregory Zuckerman, bestselling author of The Greatest Trade Ever, tells the untold story of the tycoons behind the US fracking controversy.Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nations already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources. Major oil companies had just about given up on new discoveries on US soil, and a new energy crisis loomed.But a handful of men believed everything was about to change. By experimenting with hydraulic fracturing through extremely dense shale - a process now known as fracking - these wildcatters started a revolution. In just a few years, they solved Americas dependence on imported energy, triggered a global environmental controversy - and made and lost astonishing fortunes.The frackers have already transformed the economic, environmental, and geopolitical course of history, and like the Rockefellers and the Gettys before them, theyre using their wealth and power to influence politics, education, entertainment, sports, and many other fields. Activists argue that the same methods that are creating so much new energy are also harming our water supply and threatening environmental chaos. Award-winning reporter Gregory Zuckerman gained exclusive access to the frackers, chronicling the untold story of how they transformed the nation and the world. The result is a dramatic narrative that stretches from the barren fields of North Dakota to the tense Wall Street boardrooms. The Frackers also tells the story of the angry opposition unleashed by this revolution, and explores just how dangerous fracking really is. Gregory Zuckerman is a special writer at The Wall Street Journal and the bestselling author of The Greatest Trade Ever. He is a two-time winner of the Gerald Loeb Award and a winner of the New York Press Club Journalism Award.