The Man Who Solved the Market How Jim Simons Launched the Quant Revolution

By the way we know all this because we have to thank Greg Zuckerman author of the man who solved the market which is the only book out there that is solely dedicated to rentek and Jim Simon's and we actually got to talk to Greg in our research he helped us out about thank you Greg and help fact check a few of our assumptions of what happened after the book came out.

So that was Jim's parents but really a major influence on him growing up with his grandfather marshes dad there's already kind of echoes of the base of story here with the grandfather the mother's father and spending a bunch of time with him and rubbing off on young Jeff or young Jim in this case and base of course would get his start in his career at D Shaw.

As Greg puts it in the book Peter reveled in telling Jim and his cousins stories of the motherland involving wolves women caviar and vodka and he teaches young Jim when he's a child here in the factory to say Russian phrases like give me a cigarette and kiss my ass which I think he probably would say that thousands of times the rest of his life.

We look down on him when he did this like he had been corrupted and had sold his soul to the devil yeah I mean it was really viewed in the math community as anyone who's going to do investing is throwing away their talent.

I was doing one of the like sell-offs in the mid-twenty teens in the market where Jim calls the head of his family office is you know longer tired from rentek at this point calls the head of his family office and says what should we do with all the sell-off in the market it's like your gym assignments right your gym assignments what should we do what should we do yeah.