Gregory Zuckerman is an investigative reporter at The Wall Street Journal and the author of several books. Since he joined The Journal in 1996, he has received the Gerald Loeb award three times. The focal point for our discussion is his book The Man Who Solved the Market, which tells the story of how Jim Simons launched the quant revolution and created the greatest money-making machine in financial history.

For more info about the podcast, go to the episode page and make sure to follow us on Twitter. We love to hear your thoughts on what you like and what we can improve, so please give us your rating and a review. You're also very welcome to tell us about great authors, books, and investors you want to hear on the show. Thank you! /Eddie & Niklas with team

This episode was recorded on December 20, 2022.

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Episode Chapters

(00:00) Intro by Eddie & Niklas

(02:33) How Gregory got interested in finance and journalism

(10:28) Introduction to Rennaisance

(13:50) Do what you love

(17:50) Why Renaissance survived and others didn’t

(20:49) The irony of emotions

(23:26) Remaining humble

(27:02) How Renaissance gets an edge in the market

(31:09) The most durable inefficiencies

(30:59) Employee compensation at Renaissance

(41:42) Handling tougher periods

(44:10) If he could, would Gregory invest in Medallion?

(45:57) The performance of the fund after the book’s release

(47:06) Pros and cons of quant investors

(52:31) Gregory’s Modus Operandi

(01:01:20) Book recommendations

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Books Mentioned

The Man Who Solved the Market - Gregory Zuckerman
The Greatest Trade Ever - Gregory Zuckerman
A Man For All Market - Ed Thorp
Beat the Dealer - Ed Thorp

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Companies Mentioned

Renaissance Technologies

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More on Gregory

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About the Podcast

Intro episode: https://www.redeye.se/podcast/investing-by-the-books/817383/0-intro-to-investing-by-the-books

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What is Investing by the Books?

Investing by the Books was founded by Henrik Andersson, Bo Börtemark, Mats Larsson and Michael Persson. It has published hundreds of book reviews in the past 10 years and operates on a non-profit basis.

Visit the website: http://www.investingbythebooks.com/

Follow on Twitter: https://twitter.com/Investbythebook

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What is Redeye?

Redeye is a research-centered boutique investment bank from Stockholm. Founded in 1999, Redeye cultivates investors through timeless knowledge, a humble attitude, and a strong focus on quality.

Visit the website: https://www.redeye.se/

Follow on Twitter: https://twitter.com/Redeye_

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Disclaimer

Notice that the content in this podcast is not, and shall not be construed as investment advice. This information is meant to be informative and for general purposes only. For full disclaimer, visit Redeye.se

#39 Gregory Zuckerman: The Man Who Solved the Market

Investing by the Books