With An Interest In Quantitative Investments, Google's Eric Schmidt Takes Stake in D.E. Shaw

In 2014 rumors were flying that Google, among the world’s most successful technology companies, wanted to take its market heft and leverage it in the financial services realm.  The company recently hired former Morgan Stanley chief financial officer Ruth Porat.  With today's announcement that Google co-founder Eric Schmidt was making a "passive” investment in exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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