Hello, I'm Ted Sides, and this is Capital Allocators.

This show is an open exploration of the people and process behind capital allocation.

Through conversations with leaders in the money game, we learn how these holders of the keys to the

kingdom allocate their time and their capital. You can keep up to date by visiting

Capital Allocatorspodcast.com. My guest on today's show is Greg Zuckerman, a special writer

at the Wall Street Journal and the author of five books,

including his most recent, The Man Who Solved the Market, How Jim Simons launched the Quant Revolution.

Greg joined the journal in 1996 and writes about big financial trades, firms, and personalities.

He's a three-time winner of the Gerald Loeb Award,

the highest honor in business journalism, and his work is included breaking the stories of the

discord between Bill Gross and Pimco, the London Whale Trade, subprime mortgage collapse,

and meltdown of hedge fund Amerin. Our conversation starts with Greg's path to journalism and touches on the

aftermath of his book, The Greatest Trade Ever, about John Paulson and the Subprime Meltdown.

We then turned to his recent tome on Jim Simons and Renaissance, including the formation and

evolution of the Medallion Fund, precarious moments in its history, the human element

of a quant shop, differences between Renaissance and other quant competitors, leadership,

impacting the world with vast wealth, and why Renaissance has been so special.

Please enjoy my conversation with Greg Zuckerman.

Greg, thanks so much for joining me.

Great to be here.

Where did you start in your path as a journalist?

As a journalist, so I stumbled into this career.

...