Since the announcement of a book about the Renaissance
Technology founder, It is a week about Jim Simons. The thing is that he is
easily the most successful trader or investor of our time. Someone went out and
wrote about some of the lessons learned from this book.
Out of all the articles I have seen over the last few weeks,
this is easily the most useful.
If you have not been reading these emails, I have done
revamped the store to my old reactivated Shopify store. I am sure you are not
interested in the benefits, so I will just post the the highlighted links:
New book is out about Jim Simons the math whiz who launched
From the Amazon bio link below:
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
twenty-three 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’s revolution
means for the rest of us.
Interactive Dashboards for Data Science while building trading bots
Data Science Trading algos into apps easily without knowing web frameworks
Learn more about our trading bot development in Python here
Thanks for reading,
NOTE I now post myTRADING ALERTS into my personal FACEBOOK ACCOUNT and TWITTER. Don't worry as I don't post stupid cat videos or what I eat!
There were some decent resources recommended to further expand your knowledge in the math behind neural networks. This includes some reference to a Python API as well. I found was useful as well but these will further expand the explanation of the under hood math concepts