David E. Shaw

David Shaw
Born (1951-03-29) March 29, 1951 (age 73)
NationalityAmerican
EducationUniversity of California, San Diego (B.A.)
Stanford University (MSc, PhD)
Occupation(s)Investor, computational biochemist, and former hedge fund manager
Known forFounding and managing D. E. Shaw & Co.
Spouse
​
(m. 1993)​
Children3

David Elliot Shaw (born March 29, 1951) is an American billionaire scientist and former hedge fund manager. He founded D. E. Shaw & Co., a hedge fund company which was once described by Fortune magazine as "the most intriguing and mysterious force on Wall Street".[1][2] A former assistant professor in the computer science department at Columbia University, Shaw made his fortune exploiting inefficiencies in financial markets with the help of state-of-the-art high speed computer networks. In 1996, Fortune magazine referred to him as "King Quant" because of his firm's pioneering role in high-speed quantitative trading.[1] In 2001, Shaw turned to full-time scientific research in computational biochemistry, more specifically molecular dynamics simulations of proteins.[3]

  1. ^ a b Aley, James (5 Feb 1996). "Wall Street's King Quant David Shaw's Secret Formulas Pile Up Money. Now He Wants a Piece of the Net". Fortune. Retrieved 21 Aug 2009.
  2. ^ "Executive Profile: David Elliot Shaw Ph.D." BusinessWeek. 25 May 2023.[dead link]
  3. ^ Borrell, Brendan (16 January 2008). "Chemistry: Power play". Nature. Retrieved 14 August 2012.