Category: 💰

Albert Einstein argued that there is a natural order in the world; There is true beauty to their work, especially when it succeeds in revealing something about the universe’s natural order.

Simons came from a different world and enjoyed a unique perspective. He was accustomed to scrutinizing large data sets and detecting order where others saw randomness. Scientists and mathematicians are trained to dig below the surface of the chaotic, natural world to search for unexpected simplicity, structure, and even beauty

Newton observed: “I can calculate the motion of heavenly bodies but not the madness of people.” The quants created a name for the Truth, a name that smacked of cabalistic studies of magical formulas: alpha. It is used in contrast with another Greek term, beta , which is shorthand for plain-vanilla market returns anyone with […]