Inside The Machine: How Algorithmic Prop Trading Strategies

Inside The Machine: How Algorithmic Prop Trading Strategies Turned The Medallion Fund Into A Mathematical Powerhouse

In his 2019 book "The Man Who Solved The Market," author Greg Zuckerman describes Renaissance Technologies frontman Jim Simons standing outside his Manhattan, New York, office with his trademark Merit cigarette dangling between two fingers. While a chain-smoking hedge fund manager might seem like a relic of past times, Simons is anything but a dinosaur. The math whiz from the Massachusetts Institute of Technology (MIT) ditched academia to build one of the most potent profit builders in finance —

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