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" ... Do something? How about build the fastest-growing big hedge fund on the planet and make multibillionaires out of its two founders? Overdeck, 45, and partner David Siegel, 54, run Two Sigma Investments, a little-known quantitative hedge fund firm that gathers seemingly random bits of information and tries to detect patterns that can be used to forecast the price direction of stocks and other securities. They are card-carrying members of the growing tribe of quants who use big data and machine learning in an attempt to beat the market consistently. And they join the ranks of the most successful of such traders, including James Simons (worth $14 billion), Ken Griffin (worth $7 billion) and David Shaw (worth $4.7 billion). ... "
" ... In the German weekly news magazine Die Zeit, Piketty crows that the two economists who wrote Warren’s economic program are his close friends and allies. “The schedule proposed [by Warren] could still be extended and made more progressive with rates rising for example to 5–10% per annum for multibillionaires. What is certain is that the issue of fiscal justice will be central to the presidential campaign in 2020. The representative from New York, Alexandria Ocasio-Cortez has suggested a rate of 70% on the highest incomes, while Bernie Sanders defends a tax rate of 77% on the highest inherited estates. While the Warren proposal is the most innovative, the three approaches are complementary and should be mutually beneficial.” So much for Thomas Piketty. ... "
" ... The two multibillionaires are the epitome of Silicon Valley success as well as the embodiment of the American dream. Brin immigrated to the United States with his family from the old Soviet Union when he was six years old. They founded the company in a small Menlo Park, California garage after being Ph.D. students together at Stanford University. ... "