David E. Shaw
David Shaw | |
|---|---|
| Born | March 29, 1951 |
| Nationality | American |
| Education | University of California, San Diego (B.A.) Stanford University (MSc, PhD) |
| Occupation(s) | Investor, computational biochemist, and former hedge fund manager |
| Known for | Founding and managing D. E. Shaw & Co. |
| Spouse | |
| Children | 3 |
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". 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. In 2001, Shaw turned to full-time scientific research in computational biochemistry, more specifically molecular dynamics simulations of proteins.