They are interviewing DE Shaw on Bloomberg. I am not sure if this is an old interview or not, but they seem to be replaying it every hour or so. It is interesting and encouraging as I sit here programming my market infrastrucure code to watch the interview. He is a Computer Scientist who used his computer knowledge to build a huge successful hedge fund, and is now able to take his great fortune and able to make a contribution to society through his current project. nitro
Me too... Computer Science (U of T 1982). As I sit hear coding/optimizing my ATS... It's worth noting that Shaw's approach was to produce a ** very consistent ** return in the 20% range... But do it on a large scale. This is completely at odds with the wild-eyed 1%/day talk around here. rm+