Get Your Free Audiobook

The Man Who Solved the Market

Narrated by: Will Damron
Length: 10 hrs and 44 mins
4.5 out of 5 stars (125 ratings)

Non-member price: $39.50

After 30 days, Audible is $16.45/mo. Cancel anytime.

Publisher's Summary

Brought to you by Penguin.  

Shortlisted for The Ft and McKinsey Business Book of The Year Award 2019 

Jim 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' 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.   

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 Clinton's presidential campaign. While senior executive Robert Mercer is more responsible than anyone else for the Trump presidency, placing Steve Bannon in the campaign, funding Trump's victorious 2016 effort and backing alt-right publication Breitbart. Mercer also impacted the success of the Brexit campaign. For all his prescience, Simons failed to anticipate how Mercer's 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.

©2019 Gregory Zuckerman (P)2019 Penguin Audio

More from the same

What members say

Average Customer Ratings

Overall

  • 4.5 out of 5 stars
  • 5 Stars
    98
  • 4 Stars
    21
  • 3 Stars
    3
  • 2 Stars
    2
  • 1 Stars
    1

Performance

  • 4.5 out of 5 stars
  • 5 Stars
    89
  • 4 Stars
    23
  • 3 Stars
    3
  • 2 Stars
    0
  • 1 Stars
    0

Story

  • 4.5 out of 5 stars
  • 5 Stars
    82
  • 4 Stars
    26
  • 3 Stars
    3
  • 2 Stars
    1
  • 1 Stars
    2

Reviews - Please select the tabs below to change the source of reviews.

Sort by:
Filter by:
  • Overall
    1 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    1 out of 5 stars

No learning provided what so ever- very bland

No learning provided what so ever- very bland, Not for someone wants to understand what Jim Simmons did to make money. No explanation provided.....

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Interesting story that kept me listening

If you are after a technical audiobook outlining trading strategies then this book probably isn't for you. If however you want a story that follows the lives of a group of people dealing with the trials and tribulations of designing algorithms that can profitably trade, then this is a great listen.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Surprisingly great storyline

Um not one to usually enjoy these subjects hence my review. It's just a great story from start to finish. If you are even a tiny bit scientific or analytical get into it.

  • Overall
    5 out of 5 stars

Wow what an insightful book!

The message i got was for any big decision is to accumulate as much quant data as possible , let your brain / machine process it, , try to reduce emotional bias but then go with your gut feel.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
  • Ru
  • 11-02-2020

A fantastic story well narrated.

The secretive Renaissance Medallion fund and its founder Jim Simmons have been at the forefront of the quantitative investing revolution, but this story is as much about the people involved as it is about the investment strategy. The influence in the fields of maths, machine learning, education, politics, speech recognition and world events such as Brexit and the Trump 2016 by Renaissance current and former employees is staggering.

The narration is excellent, capturing a rich tone in telling a fascinating story.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Very good read, highly recommend to all investors.

Very good read, highly recommend to all investors. many lessons can be learned from this book's content.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    4 out of 5 stars

A must for anyone interested in finance.

The Man Who Solved The Market, the story of the man who lead Renaissance Technologies and brought Wall Street into the age of Computer aided trading by using Petabytes of data and complex mathematical equations aswell as lots of good old fashion brain power tells how Jim Simon's took a team of mathematicians and computer programmers with no knowledge of Financial markets to build a multi billion dollar hedge fund and revolutionize market trading.
Starting from simple means working meanial jobs before studying math and becoming a teacher and acclaimed mathematician finding an interest in the stock market it took him a while before discovering just how he could use math and computers in the 1960s to make great headway into trading before which he cracked code for US Intel during the early days of the cold war.
It wasn't till the 1980s & 90s that things really took off for Jim taking many of his early partners along for the ride.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

A love story for Mathematicians

This book is more about the people surrounding Jim Simons rather than Jim Simons himself. This is simply an observation rather than a complaint. An interesting book which if anything, steered me away from trading, now understanding just how difficult it is. If your a mathematician, this book would read like a love story. Narration was excellent. Full points to Zuckerman.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars

Great book - amazing narration

Amazing story of the most successful hedge fund in the world and the people behind it. Will’s narration was top class. He is going into my list of favourite narrators.

Sort by:
Filter by:
  • Overall
    1 out of 5 stars
  • Performance
    1 out of 5 stars
  • Story
    1 out of 5 stars
Profile Image for Similo
  • Similo
  • 31-12-2019

Useless

This book is basically about the lives of RenTec employees and their successes. Useless

2 people found this helpful

Sort by:
Filter by:
  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Ben Everington
  • Ben Everington
  • 17-11-2019

Insightful and engaging

I enjoy books on this and similar topics, and am aware of the risk that a lot of them will go over my head or the subject matter is too dry/specific for the keen amateur. This didn’t do any of that, it was interesting, engaging and thought provoking. I completed the whole book in a couple of sittings, which is unusual for me. Hope you enjoy it too.

3 people found this helpful

  • Overall
    2 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    3 out of 5 stars
Profile Image for Denise
  • Denise
  • 18-02-2020

Interesting man and colleagues, but boring book

A lot of drawn out fluff in this book. I was on the edge of being fascinated the whole time, due to the people and the stories involved, but there was never really much to sink my teeth into. Too much filler, perhaps.

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Anonymous User
  • Anonymous User
  • 17-02-2020

Very entertaining

Very entertaining but lacks technical details for the savy reader looking for insight into Renaissance actual trading.

2 people found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    3 out of 5 stars
Profile Image for stu1815
  • stu1815
  • 23-01-2020

Not enough insights into Renaissance

The author starts the book by saying how secretive Renaissance is and that not many people were willing to speak to him. This is apparent in the book: 85% is about the people who are/have been part of the organisation. The backstory of these people is relevant, but starts to bore after a while. The really interesting gems of how Renaissance works are left uncovered, so that the reader is left without much new knowledge of how this secretive quant hedge fund operates and makes money.

2 people found this helpful

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for steven merrigan
  • steven merrigan
  • 15-11-2019

Insightful

Fantastic narration enhances a rigorous examination of the Jim Simons/Renaissance story. Interesting digression into the political activities of Simons, Mercer et al. Highly recommended.

1 person found this helpful

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Richard
  • Richard
  • 10-02-2020

very interesting

A really interesting story and one that anyone who in interested in stock markets or machine learning should read.

  • Overall
    4 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Magnus Domellvf
  • Magnus Domellvf
  • 19-01-2020

Very interesting

Great story, good insights, good combination of individual stories and the greater picture. Good narrator.

  • Overall
    4 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    4 out of 5 stars
Profile Image for Amazon Customer
  • Amazon Customer
  • 09-01-2020

pretty good, interesting insights, could be shorte

good narrative very interesting.

probably could have made it a couple hours shorter.

performance was good.

  • Overall
    5 out of 5 stars
  • Performance
    5 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Krunoslav Uzelac
  • Krunoslav Uzelac
  • 09-01-2020

love it

great storyline, missing more details into the trading part but it's understandable that those info are almost impossible to find.

  • Overall
    5 out of 5 stars
  • Performance
    4 out of 5 stars
  • Story
    5 out of 5 stars
Profile Image for Al-Fahad
  • Al-Fahad
  • 07-01-2020

fantastic story

This book is a truly fascinating tale of Jim Simons and how he created a truly revolutionary investment fund, it reads almost as an autobiographical take on the events that shaped not only the life of Simons but those that played titular roles in the development of one of the most iconic financial organisations of the last 100 years.