NY Times DealBook | September 26, 2013
To find more math whizzes who can apply their knowledge of other fields to the financial world, BattleFin’s co-founders, Tim Harrington and Brian Tomeo, have created a start-up that they hope will grow into an incubator that organizes finance tournaments and provides capital to “give the little guys a chance.”
“By creating a tournament, we’re able to find these guys who are not on the radar screen of the larger seeders,” Mr. Tomeo said.
Hedge funds have long sought out super brains who could apply mathematical concepts to financial markets. The “quant” approach...