Today's history lesson is about a legend, a maverick, a dude who turned equations into cold, hard cash – Jim Simons, the "Quant King." Forget Hogwarts, this guy used math to become a financial wizard! Simons wasn't your typical Wall Street shark. No fancy suits, no "get rich quick" schemes. This dude was a math whiz who could solve problems faster than you can say "irrational exuberance" (which, by the way, sounds like a magical spell for a dragon). But instead of teaching teenagers about triangles, he decided to conquer the markets with the power of numbers! Instead of relying on hunches and overpriced briefcases, Simons built his team out of scientists – physicists, rocket scientists, basically brainiacs who could crunch data like nobody's business. These guys were basically data detecti

Rip Simons Rip Simons

Jim Simons, the genius mathematician turned investor, was fond of saying that the most important of his five guiding principles was to hope for good luck. R.I.P Wall Street legend Jim Simons. 

There will always be an argument against buying an undervalued position The main fear is that the bottom hasn’t come in People fear catching a falling knife as much as they hate missing buying at the bottom Split your buys into 5 parts. - Buy at support confirmation - Add to positions when a higher low is made - Be prepared to give up some % in order to see a higher low confirmed - DO NOT ALLOCATE your entire position with one buy. - Manage your average at all times and be prepared for supports not holding, you cannot rule out catalysts or bad earnings, uncertainty will always exist

Terjemahkan teks dengan kamera anda I am very happy to know that we can make money easily just by trading

Wow this guy was one of the greats

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.

Jim Simons, founder of Renaissance Technologies, tragically passed away yesterday at the age of 86. We honor his legacy by visualizing the extraordinary returns of the Medallion Fund from 1988 to 2022. In memory of Jim Simons – one of the greatest investors of all time.

Simons Foundation Co-Founder, Mathematician and Investor Jim Simons Dies at 86Jim SimonsIn a world of constant change, there are individuals who have not only left a profound mark on academia but have also revolutionized the financial industry. James Simons, the legendary mathematician and investor, stands as one of the most respected figures of our time for his exceptional intellect and unparalleled investment acumen. His passing is a significant loss to both the mathematical and investment communities.Brief Profile: Born in Boston, USA, in 1938, James Simons graduated from the Massachusetts Institute of Technology's math department and earned his Ph.D. from the University of California, Berkeley. A key figure in geometry, his work has had a profound impact across various scientific field