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DE Shaw
D. E. Shaw & Co., L.P. is a multinational investment management firm founded in 1988 by David E. Shaw and based in New York City. The company is known for developing complicated mathematical models and sophisticated computer programs to exploit anomalies in the financial market. D. E. Shaw & Co. manages $55 billion in AUM, $35 billion of which are alternative investments and the remaining $20 billion long-oriented investments (as of June 1, 2021). In 2018, ''Institutional Investor'' reported that among hedge funds, D. E. Shaw & Co. had delivered the fifth-highest returns in the world since its inception. History 1988 - 1996 - Founding & early years The company was founded by David E. Shaw, a former Columbia University faculty member with a doctoral degree from Stanford. D. E. Shaw began investing in June 1989, having secured $28 million in capital from Paloma Partners Management Co. and a couple of private investors. The company's first office was small and located above a bo ...
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1166 (building)
1166 Avenue of the Americas (also known as the International Paper Building) is a tall office building at 1166 Sixth Avenue between 45th and 46th Street in the Midtown Manhattan neighborhood of New York City. It was completed in 1974 and has 44 floors totaling approximately 1.7 million square feet. Skidmore, Owings & Merrill designed the building. It is the headquarters of the Marsh & McLennan Companies; Penton, D. E. Shaw & Co., William Blair & Company, 5W Public Relations, FTI Consulting and Huron Consulting Group are also tenants. The building was built in partnership with the Tishman Organization (predecessor to Tishman Speyer), Stanley Stahl Stanley Stahl (1924–1999) was an American banker and real estate investor from New York City. Early life Stanley Stahl was born to a Jewish family on June 16, 1924 in New York City.
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International Mathematics Olympiad
The International Mathematical Olympiad (IMO) is a mathematical olympiad for pre- university students, and is the oldest of the International Science Olympiads. The first IMO was held in Romania in 1959. It has since been held annually, except in 1980. More than 100 countries, representing over 90% of the world's population, send teams of up to six students, plus one team leader, one deputy leader, and observers. The content ranges from extremely difficult algebra and pre-calculus problems to problems on branches of mathematics not conventionally covered in secondary or high school and often not at university level either, such as projective and complex geometry, functional equations, combinatorics, and well-grounded number theory, of which extensive knowledge of theorems is required. Calculus, though allowed in solutions, is never required, as there is a principle that anyone with a basic understanding of mathematics should understand the problems, even if the solutions ...
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United States Of America Mathematics Olympiad
The United States of America Mathematical Olympiad (USAMO) is a highly selective high school mathematics competition held annually in the United States. Since its debut in 1972, it has served as the final round of the American Mathematics Competitions. In 2010, it split into the USAMO and the United States of America Junior Mathematical Olympiad (USAJMO). Qualification for the USAMO or USAJMO is considered one of the most prestigious awards for high school students in the United States. Top scorers on both six-question, nine-hour mathematical proof competitions are invited to join the Mathematical Olympiad Program to compete and train to represent the United States at the International Mathematical Olympiad. Eligibility In order to be eligible to take the USAMO, a participant must be either a U.S. citizen or a legal resident of the United States or Canada. Only U.S. permanent residents and citizens may join the American IMO team. In addition, all participants, regardless of ge ...
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Worldwide Online Olympiad Training
The Worldwide Online Olympiad Training (WOOT) program was established in 2005 by Art of Problem Solving, with sponsorship from Google and quantitative hedge fund giant D. E. Shaw & Co., in order to meet the needs of the world's top high school math students. Sponsorship allowed free enrollment for students of the Mathematical Olympiad Program (MOP). D.E. Shaw continues to sponsor enrollment of those students for the 2006-2007 year of WOOT. Program The focus on the WOOT program is taking already excellent pre-college students deeper into their studies of elementary mathematics, with a focus on proof-writing. * Numerous exams are given over the course of the program and graded by undergraduates at MIT and Harvard. Feedback on proofs is returned to students electronically within a couple weeks of exam submission. These tests are styled after the American Invitational Mathematics Examination (AIME) and the International Mathematics Olympiad (IMO) * Online classes are given throu ...
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American Regions Mathematics League
The American Regions Mathematics League (ARML), is an annual, national high school mathematics team competition held simultaneously at four locations in the United States: the University of Iowa, Penn State, UNLV, and the University of Alabama in Huntsville. Past sites have included San Jose State University, Rutgers University, Duke University, and University of Georgia. Teams consist of 15 members, which usually represent a large geographic region (such as a state) or a large population center (such as a major city). Some schools also field teams. The competition is held in June, on the first Saturday after Memorial Day. In 2022, 120 teams competed with about 1800 students. ARML problems cover a wide variety of mathematical topics including algebra, geometry, number theory, combinatorics, probability, and inequalities. Calculus is not required to successfully complete any problem, but it may facilitate solving the problem more quickly or efficiently. While part of the com ...
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Eric Schmidt
Eric Emerson Schmidt (born April 27, 1955) is an American businessman and software engineer known for being the CEO of Google from 2001 to 2011, executive chairman of Google from 2011 to 2015, executive chairman of Alphabet Inc. from 2015 to 2017, and Technical Advisor at Alphabet from 2017 to 2020. As an intern at Bell Labs, Schmidt in 1975 was co-author of Lex, a software program to generate lexical analysers for the Unix computer operating system. From 1997 to 2001, he was chief executive officer (CEO) of Novell. He has served on various other boards in academia and industry, including the Boards of Trustees for Carnegie Mellon University, Apple, Princeton University, and Mayo Clinic. In 2008, during his tenure as Google chairman, Schmidt campaigned for Barack Obama, and subsequently became a member of Obama's President's Council of Advisors on Science and Technology, with Eric Lander. Lander later became Joe Biden's science advisor. In the meantime, Schmidt had left ...
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Google
Google LLC () is an American Multinational corporation, multinational technology company focusing on Search Engine, search engine technology, online advertising, cloud computing, software, computer software, quantum computing, e-commerce, artificial intelligence, and Computer hardware, consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's List of most valuable brands, most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet Inc., Alphabet is considered one of the Big Tech, Big Five American information technology companies, alongside Amazon (company), Amazon, Apple Inc., Apple, Meta Platforms, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were Doctor of Philosophy, PhD students at Stanford University in California. Together they own about 14% of its publicl ...
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Lehman Brothers
Lehman Brothers Holdings Inc. ( ) was an American global financial services firm founded in 1847. Before filing for bankruptcy in 2008, Lehman was the fourth-largest investment bank in the United States (behind Goldman Sachs, Morgan Stanley, and Merrill Lynch), with about 25,000 employees worldwide. It was doing business in investment banking, equity, fixed-income and derivatives sales and trading (especially U.S. Treasury securities), research, investment management, private equity, and private banking. Lehman was operational for 158 years from its founding in 1850 until 2008. On September 15, 2008, Lehman Brothers filed for Chapter 11 bankruptcy protection following the exodus of most of its clients, drastic declines in its stock price, and the devaluation of assets by credit rating agencies. The collapse was largely due to Lehman's involvement in the subprime mortgage crisis and its exposure to less liquid assets. Lehman's bankruptcy filing was the largest in US his ...
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Caesars Entertainment Corporation
Harrah's Entertainment (later named Caesars Entertainment Corporation, previously The Promus Companies) was an American casino and hotel company founded in Reno, Nevada, and based in Paradise, Nevada, that operated over 50 properties and seven golf courses under several brands. In 2013, it was the fourth-largest gaming company in the world, with annual revenues of $8.6 billion. It was acquired in 2020 by Eldorado Resorts, which then changed its own name to Caesars Entertainment. At the end of its existence, Caesars was a public company, majority-owned by a group of private equity firms led by Apollo Global Management, TPG Capital, and Paulson & Co.; and Carl Icahn. Caesars's largest operating unit filed for Chapter 11 bankruptcy protection in 2015, which led to the foundation of Vici Properties as a result. History William F. Harrah era (1937–1978) The company's background can be traced to October 29, 1937, when Bill Harrah opened a small bingo parlor in Reno, Nevada ...
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Penn National Gaming
Penn Entertainment, Inc., formerly Penn National Gaming, is an American entertainment company and operator of integrated entertainment, sports content, and casino gaming. It operates 43 properties in 20 states, online sports betting in 14 jurisdictions and iCasino in five under the brands Hollywood Casino, L’Auberge, Barstool Sportsbook, and theScore Bet. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate investment trust. History Background and early history (1968–1994) Beginning: Pitt Park Raceway, Inc. and the Pennsylvania National Turf Club In 1967, Pennsylvania enacted a law allowing thoroughbred horse racing with parimutuel wagering. Two companies that later formed part of Penn National Gaming were founded in 1968 by groups seeking one of the four available racing licenses: Pitt Park Raceway, Inc., formed by several Erie area businessmen, and the Pennsylvania Nationa ...
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Financial Times
The ''Financial Times'' (''FT'') is a British daily newspaper printed in broadsheet and published digitally that focuses on business and economic current affairs. Based in London, England, the paper is owned by a Japanese holding company, Nikkei, with core editorial offices across Britain, the United States and continental Europe. In July 2015, Pearson sold the publication to Nikkei for £844 million ( US$1.32 billion) after owning it since 1957. In 2019, it reported one million paying subscriptions, three-quarters of which were digital subscriptions. The newspaper has a prominent focus on financial journalism and economic analysis over generalist reporting, drawing both criticism and acclaim. The daily sponsors an annual book award and publishes a "Person of the Year" feature. The paper was founded in January 1888 as the ''London Financial Guide'' before rebranding a month later as the ''Financial Times''. It was first circulated around metropolitan London by James Sherid ...
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