The secretive data-driven investment firm: When quant shop Two Sigma launched, it set up more like a tech company than a financial services firm. It hired people with master’s degrees in data science, not MBAs. Two Sigma aimed to be a technology and engineering firm competing with the likes of fledgling internet titans like Google and Amazon and not Wall Street giants like Goldman Sachs. Here’s the story on the $60 billion quant powerhouse’s early days. (Institutional Investor)
“The reality is that most people who set out to do quantitative investing fail. The ones who succeed are the exception.”
“The reality is that most people who set out to do quantitative investing fail. The ones who succeed are the exception.”
