Episode 137: RIP Daniel Kahneman and Jim Simons

This episode acknowledges the passing of two legends in the financial industry, Dr. Daniel Kahneman and Jim Simons. Dr. Kahneman was a psychologist who turned finance on its head by giving rise to “behavioral economics.” Jim Simons was an innovator in finance by pioneering the use the algorithms and artificial intelligence in various trading strategies. He left academia and became one of the most successful investors of all time. His trading firm gave rise to the term “Quants.” R.I.P. Dr. Kahneman and Mr. Simons, they changed the world of finance.