Gregory Zuckerman on ‘The Unlikely Story of How Jim Simons Solved the Market’
Gregory Zuckerman on ‘The Unlikely Story of How Jim Simons Solved the Market’
Jim Simons is the greatest moneymaker in modern financial history. No other investor can touch his record. Since 1988, Renaissance’s signature Medallion fund has generated average annual returns of 66%. The firm has earned profits of more than $100 billion—Simons is worth $23 billion.