Samlunch
05-12

Jim Simons's five principles

Be guided by beauty. Just as a great theorem can be very beautiful, a company that’s really working very well, very efficiently, that can be beautiful.

Surround yourself with the smartest and best people you possibly can. Let them do their thing. Don’t sit on top of them. If they’re smarter than you, all the better.

Do something original. Don’t run with the pack. If everyone is trying to solve the same problem ... don’t do that.

Don’t give up easily. Stick with it. Stick with it not forever, but really give it a chance to get where you’re going.

The final principle is Hope For Good Luck.

That’s the most important principle.

R.I.P. Simons: What Legacy of Quant Investing King Can We Learn From?
Jim Simons, billionaire quantitative investing pioneer who generated eye-popping returns, dies at 86. Renaissance's main Medallion Fund made a whopping 62% every year (before fees) and 37% (after fees) from 1988 to 2021. ---------------- What legacy does Simons leave with us? How do you view the magical life of Simons? Do you support the investing model strategy?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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