Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
18 Mar 2024 Acquired Renaissance Technologies
“When Jim started working on code breaking, I think he just looked right back to his experience trading in the markets and was like, whoa, this is the same thing.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 Mar 2024
- Publisher
- Acquired
- Episode
- Renaissance Technologies
Transcript context
…And importantly you might say, why is it this group of people that came to that conclusion of applying computational signal analysis to investing? Well, it’s effectively the same thing as code breaking. You are looking for signal in the noise, and trying to use computers and algorithms to mine signal from something that otherwise looks random. Totally. When Jim started working on code breaking, I think he just looked right back to his experience trading in the markets and was like, whoa, this is the same thing. Which is not an insight other people had. That was the amazing thing about his background priming him to realize that.…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.