David Shaw Made A Beautiful Hedge Trade On His Kids' Academic Futures
Throwing $1 million every year for a decade at Harvard, Stanford, Yale and Princeton, but giving only half that to Brown and Columbia? That's just solid asset management.
DE Shaw Telling Its Traders To Leave Now Or Pretty Much Stay Forever
The Daniel Michalow apostate storyline is coming to a head at everybody's favorite ur-quant fund.
Fired DE Shaw MD Wasn't Kidding About That "See You In Court" Stuff
Dan Michalow actually filed an official complaint against his former fund.
Fired DE Shaw MD Prepared To Tell A Judge That His Former Hedge Fund Is A Roiling Den Of Sin
"Yo FINRA! The quants, the MBAs, the painters and the novelists? They alllllllll be fuckin!"
Fired DE Shaw MD Shocked That Anyone Was Offended By His Mel Gibson Impression What With All The Orgies Raging In The Office
Daniel Michalow admits to being an asshole, but he also wants David Shaw to know that erryone at DE Shaw be f@ckin.
New York City Officials Heroically Realize That Hedge Funds Charge Fees
They also want to show their acumen by reminding New Yorkers that the East River is wet.
Sale of Lehman's Stake in D.E. Shaw Proves That Valley People Will Buy Anything
Sometimes, only Valley money can kill the White Walker that is Lehman Brothers.
D.E. Shaw Geniuses Build Their Greatest Model Yet
Do you worship at the Temple of Chipotle? Do you refuse to make use of the online order option that allows you to bypass the line, as one half of Team Dealbreaker does, but unlike said burrito lover, prefer not to show up before 12 so as to beat the rush? Would you die before patronizing some inferior establishment for lunch but would also like to know what kind of wait you're going to be dealing with before making the trip, or, alternatively, not really care how long you have to wait but just get off on predicting stuff to a 3-sigma confidence level? Some enterprising D.E. Shaw employees have got covered. FYI- D.E. Shaw employees have built a model that predicts the length of the line at the Chipotle down the street from the 1166 Ave of the Americas office. Not only that, they are really excited about how accurate it is. Obviously this needs to be shared and disseminated ASAP, for the greater good, unless it's being kept proprietary at this time for reasons that involve a little something called the DE Shaw Chipotle Line Length Fund I and investors who would pay 2 and 20, nay, 3 and 50 to get in on this little money-making machine. Related: Tools Of The Trade: How To Prove To DE Shaw You’re DE Shaw Material