A brief look at Jim Simons, his life, and his fund(s).
How a Mathematician Became the Greatest Trader of All Time
- Thread starter Frederick Foresight
- Start date
In his own words.
%%So.. who is going to start studying geometry after that video?
Or smoke cigs .
Great childhood pattern, of his / 2X2=4; 4x2=8; 8x100% = 16...... some say 800, better to use 16; 16....is the the way the math teacher did it LOL.
Strangely also past President of Long Oil Co, CIA ops + preacher Ben Haden said a math teacher in Brazil left $360,000,000 to his favorite soccer team .
Strange.; actually amazing also maybe his health for cig smoker .
Best way to give is not a foundation, which maybe best also for big hitters;
best way is to give %% every week. Plenty of people never did big hitting, so they got rooked on no giving.
Thanks and again great/ child patterns
%%I don't watch vids (got no time, nor any patience to waste my time for such cheato stories).
Can someone summarize what strategy he uses or used?
Ie. can the strategy still be used, or did it work in the old dark days of the last century only?...
Is the guy still trading?
YES, but even if not, frankly he is no cheato.
Just because he smoke cigs example, does not mean he is a cheato.
I like those overpriced Cheetos =Cheettah chips , cheetah with sunglasses LOL
I was waiting for him to keel over with a heart attack.
It’s not just his brains. He built a brilliant organization.
I study geometry of the markets.So.. who is going to start studying geometry after that video?
Example IBM daily (although I don't trade equities):-
Suppose that you owned a firm with various tiers of fund offerings to different tiers of clients.
Now when your firm buys a stock suppose that you wait for the returns to materialize, and then based upon the returns, you appropriate the stock to a selected fund.
I have no evidence if that was done at Renaissance, but that would be a very quantitative and mathematical way to show outsized returns in one selected fund.
Now when your firm buys a stock suppose that you wait for the returns to materialize, and then based upon the returns, you appropriate the stock to a selected fund.
I have no evidence if that was done at Renaissance, but that would be a very quantitative and mathematical way to show outsized returns in one selected fund.
RenTech's longest and most successful fund is ... the closed employee-owned Medallion Fund.