James Simons, he of the Chern-Simons form, and also, of late, from the hedge fund Renaissance Technologies Corporation, is retiring. The infamous Medallion fund was up last year, apparently, only a mere 80 percent.
Quite a feat, turning
into
O brave new quantum world!
Mmm, cookies for Harvard faculty, again?
Step 1: Find a 3-form which when taken as the Lagrangian of a quantum gauge field leads to a generating functional that is a manifold invariant.
Step 2: ???
Step 3: Profit!
Geez folks … apply Bayesian logic for heavens sake … the probability is overwhelmingly high that most of the money to be made from algebraic geometry has not yet been made.
Exercise: work out how it will be made. 🙂