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James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, investor, mathematician, and philanthropist. [4] At the time of his death, Simons' net worth was estimated to be $31.4 billion, making him the 55th-richest person in the world. [ 4 ]
The hedge fund was named Medallion in honor of the math awards that Simons and Ax had won. [8] [9] Renaissance's flagship Medallion fund, which is run mostly for fund employees, [10] is famous for the best track record on Wall Street, returning more than 66 percent annualized before fees and 39 percent after fees over a 30-year span from 1988 ...
Jim Simons, the legendary "Quant King" who founded Renaissance Technologies, died Friday at the age of 86, after forever changing Wall Street with his genius for math and finding patterns in data.
In this article we presented the 10 best gold stocks to buy now using billionaire quant hedge fund Renaissance Technologies’ stock picks. Click to skip ahead and see the 5 Best Gold Stocks To ...
Last December, I wondered whether James Simons, who made $2.5 billion last year, could be the next Bernie Madoff. I came to the conclusion that it was not likely but that the little evidence ...
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, has died at age 86. The charitable foundation that Simons co-founded with his wife, Marilyn, announced that Simons died Friday in New York. No cause of death was given.
Laufer co-founded the Medallion Fund with Jim Simons in 1988. [5] Laufer served as chief scientist and vice president of research at Renaissance Technologies, its parent company. [6] He now serves on its board of directors. [6] Laufer earned US$125,000,000 in 2008, during the financial crisis of 2007–2008. [7]
James “Jim” Simons, a renowned mathematician and pioneering investor who built a fortune on Wall Street and then became one of the nation's biggest philanthropists, has died at age 86. The ...