Showing results by author "Gregory Zuckerman" in All Categories

Jim Simons is the greatest money maker in modern financial history. No other investor - Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros - can touch his record. Since 1988, Renaissance's signature Medallion fund has generated average annual returns of 66 percent. The firm has earned profits of more than $100 billion; Simons is worth 23 billion dollars.

Team USA goalkeeper Tim Howard was diagnosed with Tourette Syndrome in sixth grade. He went on to become a national treasure after single-handedly keeping America competitive in the 2014 World Cup. Stephen Curry was told he was too small, too weak, and too slow to even receive a scholarship to play college basketball. He outworked everyone and went on to become MVP of the National Basketball Association. Jim Abbott was born without his right hand, yet he refused to be defined by what he lacked. He went on to pitch a no-hitter in the Major Leagues.

Everyone knew it was crazy to try to extract oil and natural gas buried in shale rock deep below the ground. Everyone, that is, except a few reckless wildcatters - who risked their careers to prove the world wrong. Things looked grim for American energy in 2006. Oil production was in steep decline and natural gas was hard to find. The Iraq War threatened the nation’s already tenuous relations with the Middle East. China was rapidly industrializing and competing for resources.

Few were ready when a mysterious respiratory illness emerged in Wuhan, China, in January 2020. Politicians, government officials, business leaders, and public-health professionals were unprepared for the most devastating pandemic in a century. Many of the world’s biggest drug and vaccine makers were slow to react or couldn’t muster an effective response. It was up to a small group of unlikely and untested scientists and executives to save civilization.

Jim Simons is the greatest moneymaker in modern financial history. His record bests those of legendary investors, including Warren Buffett, George Soros and Ray Dalio. Yet Simons and his strategies are shrouded in mystery. The financial industry has long craved a look inside Simons's secretive hedge fund, Renaissance Technologies and veteran Wall Street Journal reporter Gregory Zuckerman delivers the goods.

In 2006, hedge fund manager John Paulson realized something few others suspected - that the housing market and the value of subprime mortgages were grossly inflated and headed for a major fall. Paulson's background was in mergers and acquisitions, however, and he knew little about real estate or how to wager against housing. He had spent a career as an also-ran on Wall Street. But Paulson was convinced this was his chance to make his mark. He just wasn't sure how to do it. Colleagues at investment banks scoffed at him and investors dismissed him.

Simone Biles was raised by a single mother with addiction issues, forcing her grandparents to intervene. But Simone soon discovered balance beams and gymnastics mats, setting her on a path toward Olympic greatness. Carli Lloyd, meanwhile, believed her youth soccer career was really starting to take off, only to be cut from her team. Instead of quitting the sport she loved, Carli rebuilt her confidence, ultimately becoming one of the leaders on the World Cup Champion US Women's Soccer team. The athletes featured in this book met earth-shaking challenges head on, and went on to conquer the sports world.

John Paulson, a softly spoken hedge-fund manager who still took the bus to work, seemed unlikely to stake his career on one big gamble. But he did - and The Greatest Trade Ever is the story of how he realised that the sub-prime housing bubble was going to burst, making $15 billion for his fund and more than $4 billion for himself in a single year. It's a tale of folly and wizardry, individual brilliance versus institutional stupidity.

Investigative journalist Zuckerman takes us inside the top-secret laboratories, corporate clashes and high-stakes government negotiations that led to effective shots. Deeply reported and endlessly gripping, this is a dazzling blow-by-blow chronicle of the most consequential scientific breakthrough of our time. It's a story of courage, genius and heroism. It's also a tale of heated rivalries, unbridled ambitions, crippling insecurities and unexpected drama. A Shot to Save the World is the story of how science saved the world.

This book is going to instantly transform your entire life. You will immediately experience huge benefits, and you will be happier than ever before. If you were in any way taken in by that statement, this is not the book for you. Don’t waste your time. Definitely don’t waste your money. There isn’t a cat’s chance in hell this book or any book could ever live up to that bollocks.