WATCH: Jim Simons’s Renaissance has seen at least $5 billion in redemptions since Dec. 1. This report is from Feb. 8.
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WATCH: Jim Simons’s Renaissance has seen at least $5 billion in rede…
Feb 10, 2021
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Jim Simons. He’s the mathematician-turned-hedge fund titan who founded Renaissance Technologies, home of the Medallion Fund—the most successful in history, with reported returns of 66% annually before fees. But Simons didn’t come from Wall Street. He came from math, codebreaking, and pattern recognition. Why does his legendary saying hit so hard? “You can’t teach a finance person physics, but you can teach a physicist finance.” Why did he never hire anyone with a background in finance? Why is si
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