To those outside Wall Street, the name Jim Simons bears little significance; yet for those who make a living in the world of finance, Simons commands an enviable reputation. Not only has his Medallion fund propelled him to a status as one of the wealthiest individuals on the planet, more importantly, he’s the pioneer behind computer-based modeling that predict price fluctuations and take advantage of market inefficiencies. His secret? hire math wizards with a Physics background, and little to no financial experience. In his book, The Physics of Wall Street, University of California, Irvine professor, James Owen Weatherall, explains how his philosophy continues to power one of the most successful hedge funds of all time ——
