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TonyC
Nuclear Energy Trader

Total Posts: 1245
Joined: May 2004
 
Posted: 2016-03-16 22:54
> We had pre-interview meetings during which we were given precise
> instructions what to ask, research and find out about a candidate with
> the understanding that there was no intention to hire

So you worked at Goldman during the two Steve's era

flaneur/boulevardier/remittance man/energy trader

mtsm


Total Posts: 195
Joined: Dec 2010
 
Posted: 2016-03-17 01:34
Nope, some shop on the other side...

mtsm


Total Posts: 195
Joined: Dec 2010
 
Posted: 2016-11-21 18:59
http://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box?cmpid=yhoo.hosted

EspressoLover


Total Posts: 237
Joined: Jan 2015
 
Posted: 2016-11-22 00:58
"Eventually the scientists went so far as to develop an in-house programming language for their models rather than settle for a numbercentric option such as ASCII, which was popular at the time. "

...Hammertime

chiral3
Founding Member

Total Posts: 5002
Joined: Mar 2004
 
Posted: 2016-11-22 02:01
EL, your post prevented me from reading the article.

Nonius is Satoshi Nakamoto. 物の哀れ

NeroTulip


Total Posts: 996
Joined: May 2004
 
Posted: 2016-11-22 07:45
It is not unusual to find sentences that make no sense in articles, but I usually have a good idea about what the meaning was. No such luck here, I don't even know what could have been said to make a journalist write that sequence of words. Any ideas?

"Earth: some bacteria and basic life forms, no sign of intelligent life" (Message from a type III civilization probe sent to the solar system circa 2016)

Dizzy


Total Posts: 247
Joined: May 2006
 
Posted: 2016-11-22 08:16
I guess someone could transcribe "C" as "ASCII", in particular if someone repeated the "as" in the audio recording.

"rather than settle for a numbercentric option such as, as C, which was popular at the time. "

"Although the code snippet makes taking over the earth look fairly easy, you don't see all the hard work going on behind the scenes." - Programming F#, Chris Smith

goldorak


Total Posts: 986
Joined: Nov 2004
 
Posted: 2016-11-22 09:00
Haskell.

I know, not popular back then and not even now.

If you are not living on the edge you are taking up too much space.

rftx713


Total Posts: 87
Joined: May 2016
 
Posted: 2016-11-24 00:44
I wonder which has a better ROI, PR like this new Bloomberg article or lobbying.

EspressoLover


Total Posts: 237
Joined: Jan 2015
 
Posted: 2016-12-08 21:23
From their latest ADV, they've appeared to have shut down RIFF. There's also a new fund RIDGE, that appears to basically just be RIDA without the futures.

https://www.adviserinfo.sec.gov/IAPD/Content/Common/crd_iapd_Brochure.aspx?BRCHR_VRSN_ID=380746

NeroTulip


Total Posts: 996
Joined: May 2004
 
Posted: 2016-12-09 02:49
Looks more like a global version of RIEF. RIEF is US equities only, they seem to apply the same models to other markets in RIDGE.

"Earth: some bacteria and basic life forms, no sign of intelligent life" (Message from a type III civilization probe sent to the solar system circa 2016)

rod


Total Posts: 370
Joined: Nov 2006
 
Posted: 2017-02-28 11:41
‘You have to stop,’ Renaissance executive tells boss about Trump support (Feb. 23, 2017)

"David Magerman says he was in his home office in suburban Philadelphia earlier this month when the phone rang. His boss, hedge-fund billionaire Robert Mercer, was on the line. “I hear you’re going around saying I’m a white supremacist,” Mr. Mercer said. “That’s ridiculous.” In the prior weeks, Mr. Magerman, a registered Democrat who calls himself a centrist, had complained to colleagues about Mr. Mercer’s role as a prominent booster of Donald Trump’s presidential campaign.

[...]

Mr. Magerman has one idea that would reduce the power of people like Mr. Mercer. He said he was thinking about reaching out to Democratic Sen. Elizabeth Warren (D., Mass.) to craft proposals to reduce speculative trading, which presumably would curtail Renaissance’s profits.

[...]

On Thursday morning, after an online version of this story appeared, Mr. Magerman received a new phone call from Renaissance. A representative told Mr. Magerman that he was being suspended without pay and no longer could have contact with the company."

eeng


Total Posts: 15
Joined: Dec 2014
 
Posted: 2017-06-17 13:40
A couple of thoughts on this, probably have been debated already but I didn't check all the thread pages:

- They get the bulk of the returns from signals that they've been using for many years, hence the Apple-like secrecy. They require a large amount of highly trained staff to come up with new signals to replace the ones that dry out, but I'd estimate signal turnover is extremely low.

- We know that most of the signals do not have an economic/financial meaning, like the widely cited sunny morning effect. However, what is the kind of signals they would look at in the early 80s, and how were they diseminated? The www was 10 years ahead, so they would use a fax/telex or something similar?

Azx


Total Posts: 26
Joined: Sep 2009
 
Posted: 2017-08-16 20:47
https://www.bloomberg.com/news/articles/2017-08-16/renaissance-s-medallion-made-stunning-shift-after-trump-election

What sort of "market opportunities" might that have been?

Griffin


Total Posts: 1
Joined: Jun 2016
 
Posted: 2017-08-17 08:13
Robert Mercer is a good friend of Trump. Might have been some political information which they are privy to...

bruha


Total Posts: 1
Joined: Sep 2009
 
Posted: 2017-08-21 08:19
https://klendathucap.files.wordpress.com/2017/08/baum-as-a-trader.pdf

GeekySerge


Total Posts: 42
Joined: Apr 2010
 
Posted: 2017-08-21 10:27
Leonard Baum has passed away on August 14, 2017:
http://obits.nj.com/obituaries/trenton/obituary.aspx?pid=186415345
https://klendathucapitalist.com/2017/08/18/opa/

RIP
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