Published on

The 86-year-old math genius who built the greatest quantitative hedge fund outperforming Warren Buffet

Authors

This is Jim Simons, the math professor who outperformed the WallStreet.

Image

This is Jim Simons: an 86-year-old math genius who built the greatest quantitative hedge fund outperforming Warren Buffet, George Soros, Carl Icahn, and every investor who ever lived 😳

Jim's story was wild.

At 40, Jim Simons left a famed math career to launch the most successful hedge fund ever: Renaissance Tech.

This fund earned more than $100 billion for its investors.

Jim Simons's Medallion fund has had unreasonably high annual returns of 66% across 30 years 🤯

For the perspective, Buffet clocked in at about 20% per year.

Before passing away, Simons was worth over $31 billion and his secret was dead simple:

  • He wanted to smoke everywhere.
  • He walked around the office barefoot.
  • He fell asleep at presentations.

The lesson: cold showers and meditating won't make you rich.

The real secret to wealth is just focusing on your thing and the freedom to be unapologetically yourself.

True legend.

Author

AiUTOMATING PEOPLE, ABN ASIA was founded by people with deep roots in academia, with work experience in the US, Holland, Hungary, Japan, South Korea, Singapore, and Vietnam. ABN Asia is where academia and technology meet opportunity. With our cutting-edge solutions and competent software development services, we're helping businesses level up and take on the global scene. Our commitment: Faster. Better. More reliable. In most cases: Cheaper as well.

Feel free to reach out to us whenever you require IT services, digital consulting, off-the-shelf software solutions, or if you'd like to send us requests for proposals (RFPs). You can contact us at contact@abnasia.org. We're ready to assist you with all your technology needs.

ABNAsia.org

© ABN ASIA

AbnAsia.org Software