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Younger, Cheaper, Smaller, Smarter: Meet the New Breed of Quants

A new generation of computer whizzes doesn't want a job with Renaissance or Two Sigma – it wants to make them obsolete.

      Photo Credit: Jonno Rattan. Richard Craib — a 30-year-old mathematician who runs a hedge fund powered by artificial intelligence — is Jack Bogle-meets-Edward Snowden. Craib wants to democratize hedge funds, and ultimately the asset management industry entirely, in a way that would be recognizable to both men. Like Bogle, founder of

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