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Sorry my bad, meant to post:
Jim Simons F*cks - The Smartest Hedgie https://www.bloomberg.com/opinion/articles/2019-10-28/how-jim-simons-tu… How can anyone on Wall Street even go to work with a straight face this week, when realizing this mofo made 66,1% PER FUCKING YEAR over the last 20 or so years? It´s crazy, like reading some fatasy fiction novel of a wizard or such. Crazy.
Anyways, what a guy. now cue the inevitable self-hatred of every failed wannabe hedgie.
Really surprised he (or anyone else at Renaissance) would agree to these interviews. Have they lost their edge? Why come out now when most funds operating in their space (quant black box) are aiming for total secrecy?
Well, if you consider that JS has always kinda treated RenTech as his personal investment vehicle, then it´s possible that he just stopped caring. After all, he made bank, he (and his descendants) will continue to make bank for the forseeable future and his life work is now pretty much done. He´s doing research now and not too bad from what I´m hearing, so why would he care about the edge of a firm he´s not emotionally invested that much anymore?
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