#108 Jim Simons (Money Printer)

Simmons chose a different approach. A world class mathematician and former codebreaker Simmons had a hunch that financial markets moved in orderly ways. Just not in ways that could be detected with human intuition and insight. Simmons believed that collecting and analyzing data could provide an advantage and that automated trading was possible.

Working from a ramshackle office in a long island strip mall. Simmons hired mathematicians physicist and computer scientist. to amass reams of historic records and develop algorithms to process it all. His team hunted for patterns hidden deep in the numbers that might reveal long sought rules governing markets.

Авто декадс стругу His data driven approach paid off. Other investors began to emulate Simmons quantitative methods. Inspiring a revolution that swept Wall Street Silicon Valley

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