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6 days ago · His name was Jim Simons,” as Clifford Asness, co-founder of AQR, a hedge fund, put it to the Wall Street Journal. The flagship Medallion fund of Renaissance Technologies, Mr Simons’s...
5 days ago · Beatrice de Gea/The New York Times/Redux. Jim Simons, a math prodigy who gave up an academic career to make a fortune with the world’s first quantitative investing firm, died last week at the age of 86 at his home in New York City after a battle with lung cancer.
1 day ago · Simons’ first career was in mathematics, for which he won acclaim. But in 1978, he traded academia for Wall Street. The hedge fund he created, which eventually became known as Renaissance Technologies, pioneered the use of mathematical modeling — also known as quantitative trading — to pick stocks and other investments.
May 15, 2024 · GME. Jim Simons. One of the top hedge funds in the world bought a sizable stake in GameStop just a few weeks before shares surged as much as 400% in the latest “meme stock” rally, a...
2 days ago · James Simons left behind a legacy in mathematics, finance and philanthropy, as well as a massive personal fortune and a yacht, when he passed away at age 86 last week. The billionaire, who founded ...
6 days ago · James Harris Simons, a math professor turned hedge fund founder who recently passed away, once stated, “Past performance is the best predictor of success.”. Better known as Jim to friends and colleagues, his past performance was certainly a predictor of his eventual success. In 1958, at the age of 20, he received a bachelor's degree.
3 days ago · James Simons left a tradition in mathematics, financing and philanthropy, along with an enormous individual fortune and a luxury yacht, when he died at age 86 recently. The billionaire, who established the incredibly effective hedge fund Renaissance Technologies, developed an individual fortune worth $31.4 billion throughout his life time and ...
