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AhRick
2021-06-25
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Southeast Asia’s Attempts at Replicating Singles’ Day Sales Drive Shopping Boom
AhRick
2021-06-25
Nicee
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AhRick
2021-06-24
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AhRick
2021-06-16
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22:44","market":"us","language":"en","title":"Southeast Asia’s Attempts at Replicating Singles’ Day Sales Drive Shopping Boom","url":"https://stock-news.laohu8.com/highlight/detail?id=1120836318","media":"Bloomberg","summary":"Sea Ltd rose over 5% in morning trading Thursday.\n\n(Bloomberg) -- Monthly mega-sales events are emer","content":"<p><img src=\"https://static.tigerbbs.com/aa7a5c57d1b1b99cf909292dac1b2558\" tg-width=\"960\" tg-height=\"625\"></p>\n<p><a href=\"https://laohu8.com/S/SE\">Sea Ltd</a> rose over 5% in morning trading Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/67d3a0d876a9b7237bb2aee7a671d4f8\" tg-width=\"603\" tg-height=\"499\"></p>\n<p>(Bloomberg) -- Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s retailers are seeking to duplicate the success of China’s Singles Day and North America’s Black Friday.</p>\n<p>About 86% of the roughly 4,000 people surveyed in Southeast Asia said they bought products online during sales days pegged to identical-number dates such as 6/6 and 7/7, according to the study by Facebook Inc. and Bain & Co. 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About 63% used social media to discover new products and a majority of those said they did so via video.</p>\n<p>Facebook’s Instagram Adds Shopping Via Images, Virtual Try-On</p>\n<p>The report used data from GlobalWebIndex Core Survey Panel involving about 4,000 internet users across Indonesia, Malaysia, the Philippines, Thailand and Vietnam in the fourth quarter of 2020.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Southeast Asia’s Attempts at Replicating Singles’ Day Sales Drive Shopping Boom</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoutheast Asia’s Attempts at Replicating Singles’ Day Sales Drive Shopping Boom\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 22:44 GMT+8 <a href=https://finance.yahoo.com/news/southeast-asia-attempts-replicating-singles-082630590.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sea Ltd rose over 5% in morning trading Thursday.\n\n(Bloomberg) -- Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s ...</p>\n\n<a href=\"https://finance.yahoo.com/news/southeast-asia-attempts-replicating-singles-082630590.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://finance.yahoo.com/news/southeast-asia-attempts-replicating-singles-082630590.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120836318","content_text":"Sea Ltd rose over 5% in morning trading Thursday.\n\n(Bloomberg) -- Monthly mega-sales events are emerging as a key driver for Southeast Asia’s online-shopping boom, a study showed, as the region’s retailers are seeking to duplicate the success of China’s Singles Day and North America’s Black Friday.\nAbout 86% of the roughly 4,000 people surveyed in Southeast Asia said they bought products online during sales days pegged to identical-number dates such as 6/6 and 7/7, according to the study by Facebook Inc. and Bain & Co. Of these buyers, 43% were first-time online shoppers, with the highest percentage of them in Thailand and Vietnam.\nAlibaba Group Holding Ltd.’s Lazada, Sea Ltd.’s Shopee and Qoo10 are trying to lure online shoppers by offering huge bargains and special deals in the region of more than 650 million people. Since the outbreak of Covid-19, a growing number of retailers and brands have piggybacked on the e-commerce giants’ marketing to capture a bigger share of online sales.\n“Mega-sales days are something that uniquely started happening within Southeast Asia,” Benjamin Joe, vice president of Southeast Asia and emerging markets at Facebook, said during a virtual briefing on Wednesday. “Historically, it was a discount-driven, one-day event, but what we’re seeing is a repeat of numbers like 7/7, a pattern,” with apps offering rewards and gamification to attract buyers, he added.\nAbout 72% of the surveyed said they plan their mega-sales purchases ahead of the events. About 63% used social media to discover new products and a majority of those said they did so via video.\nFacebook’s Instagram Adds Shopping Via Images, Virtual Try-On\nThe report used data from GlobalWebIndex Core Survey Panel involving about 4,000 internet users across Indonesia, Malaysia, the Philippines, Thailand and Vietnam in the fourth quarter of 2020.","news_type":1},"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126884260,"gmtCreate":1624551273750,"gmtModify":1703840261852,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126884260","repostId":"1180709423","repostType":4,"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121269010,"gmtCreate":1624465748630,"gmtModify":1703837711406,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121269010","repostId":"1127255730","repostType":4,"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160177715,"gmtCreate":1623776947237,"gmtModify":1703819244821,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160177715","repostId":"1101819642","repostType":4,"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":121269010,"gmtCreate":1624465748630,"gmtModify":1703837711406,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121269010","repostId":"1127255730","repostType":4,"repost":{"id":"1127255730","pubTimestamp":1624458619,"share":"https://ttm.financial/m/news/1127255730?lang=&edition=fundamental","pubTime":"2021-06-23 22:30","market":"us","language":"en","title":"Nikola rallies after disclosing hydrogen project investment","url":"https://stock-news.laohu8.com/highlight/detail?id=1127255730","media":"seekingalpha","summary":"Nikola is up 5.43% in early trading to lead the electric vehicle manufacturing sector of 24 different names.Earlier in the day, the company disclosed a$50Minvestment in a clean hydrogen project in Indiana.Nikola says the investment is anticipated to give it a \"significant hydrogen hub\" with the ability to offtake approximately 50 tons a day. The hub is targeted to supply future dispensing stations within an approximate 300-mile radius.Nikola has a bit of a history of moving higher off hydrogen u","content":"<p>Nikola is up 5.43% in early trading to lead the electric vehicle manufacturing sector of 24 different names.</p>\n<p><img src=\"https://static.tigerbbs.com/2a29a0cee25d5f1febc6d57ac5cde1a7\" tg-width=\"658\" tg-height=\"440\"></p>\n<p>Earlier in the day, the company disclosed a$50Minvestment in a clean hydrogen project in Indiana.</p>\n<p>Nikola says the investment is anticipated to give it a \"significant hydrogen hub\" with the ability to offtake approximately 50 tons a day. The hub is targeted to supply future dispensing stations within an approximate 300-mile radius.</p>\n<p>Nikola has a bit of a history of moving higher off hydrogen updates and lower off production news. Shares of Nikola broke above $18 today for the first time in two weeks. Nikola hasn't beenabove $20 per share since February.</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Nikola rallies after disclosing hydrogen project investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNikola rallies after disclosing hydrogen project investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 22:30 GMT+8 <a href=https://seekingalpha.com/news/3709196-nikola-rallies-after-disclosing-hydrogen-project-investment><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Nikola is up 5.43% in early trading to lead the electric vehicle manufacturing sector of 24 different names.\n\nEarlier in the day, the company disclosed a$50Minvestment in a clean hydrogen project in ...</p>\n\n<a href=\"https://seekingalpha.com/news/3709196-nikola-rallies-after-disclosing-hydrogen-project-investment\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKLA":"Nikola Corporation"},"source_url":"https://seekingalpha.com/news/3709196-nikola-rallies-after-disclosing-hydrogen-project-investment","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1127255730","content_text":"Nikola is up 5.43% in early trading to lead the electric vehicle manufacturing sector of 24 different names.\n\nEarlier in the day, the company disclosed a$50Minvestment in a clean hydrogen project in Indiana.\nNikola says the investment is anticipated to give it a \"significant hydrogen hub\" with the ability to offtake approximately 50 tons a day. The hub is targeted to supply future dispensing stations within an approximate 300-mile radius.\nNikola has a bit of a history of moving higher off hydrogen updates and lower off production news. Shares of Nikola broke above $18 today for the first time in two weeks. Nikola hasn't beenabove $20 per share since February.","news_type":1},"isVote":1,"tweetType":1,"viewCount":326,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126884260,"gmtCreate":1624551273750,"gmtModify":1703840261852,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126884260","repostId":"1180709423","repostType":4,"repost":{"id":"1180709423","pubTimestamp":1624520262,"share":"https://ttm.financial/m/news/1180709423?lang=&edition=fundamental","pubTime":"2021-06-24 15:37","market":"us","language":"en","title":"Jim Simons' Success Story: Net Worth, Education, and Top Quotes","url":"https://stock-news.laohu8.com/highlight/detail?id=1180709423","media":"Investopedia","summary":"James Harris Simons, or Jim Simons, is known as the \"Quant King\" and one of the greatest investors o","content":"<p>James Harris Simons, or Jim Simons, is known as the \"Quant King\" and one of the greatest investors of all time, after having started one of the most successfulquant fundsin the world, Renaissance Technologies (“Rentech”). Simons founded Rentech in 1982 at just 44 years old. He served as the chair and CEO until 2010 when he retired from his role. He still remains as a non-executive chair.</p>\n<p><b>KEY TAKEAWAYS</b></p>\n<ul>\n <li>Jim Simons is known as one of the greatest investors of all time, due to the long-term returns of his quant fund Renaissance Technologies and its flagship Medallion Fund.</li>\n <li>Simons served as CEO and chair of Renaissance Technologies from its founding in 1982 until 2010 when he stepped down. Prior to a career in finance, Simons was also a successful mathematician and taught at MIT, Harvard, as well as served as the chair of the mathematics department at Stony Brook University.</li>\n <li>As of 2021,<i>Forbes</i>estimated Jim Simons' net worth at $23.5 billion, making him the 23rd richest person in the United States.</li>\n</ul>\n<p><b>Early Life and Education</b></p>\n<p>Jim Simons was born in 1938 in Brookline, Mass., and discovered his love for mathematics at an early age. At the age of 14, Simons worked at a garden supply store as a floor sweeper after being demoted from a stock boy position due to his lack of memory of inventory location. However, Simons was astute and had the ambitious plan of becoming a mathematician at the Massachusetts Institute of Technology (MIT).</p>\n<p>In 1955, Simons was accepted into MIT and majored in mathematics. Upon graduating, Simons studied at the University of California at Berkeley for his doctorate in mathematics. His thesis focused on providing supporting proof of Berger's classification of the holonomy groups of Riemannian manifolds, and after just one year, he received his doctorate at the age of 23 in 1961.</p>\n<p>Later, Simons worked on important mathematical theories, including the Chern-Simons form, which later played a role in topological quantum field theory. He had an early and successful career in mathematics, winning multiple awards, and later was inducted into the U.S. National Academy of Sciences.1</p>\n<p>In 1964, Simons was recruited by The Institute for Defense Analyses (IDA), where he played a key role to break codes during the Vietnam War. Simons left IDA after four years and went on to teach mathematics at MIT and Harvard University.</p>\n<p>Eventually, he was appointed to become the chair of the mathematics department at Stony Brook University, where he helped develop the mathematics and physics programs while still being sought after by companies such as IBM for his consulting work. It wasn't until 1978 that he started delving into finance.</p>\n<p><b>Investment Philosophy & Success Story</b></p>\n<p>Despite already having successful careers as a prize-winning mathematician and a master code breaker for the IDA, Jim Simons decided to pursue a career in finance. In 1978, the mathematician started the hedge fund Monemetrics, which was the predecessor to the highly successful Renaissance Technologies.</p>\n<p>Simons didn't think to apply mathematics to his hedge fund at first; however, over time, he realized he could use mathematical andstatisticalmodels to interpret data by looking for non-random movements in financial data to predict future returns.</p>\n<p>By 1988, Simons decided to solely usequantitative analysisto decide which trades to enter. Simons only sought experts in mathematics, data analysis, and many other scientific-related fields to work with him at the fund. The Quant King filled the fund with programmers, mathematicians, physicists, and cryptographers. The company thrived due to the complex mathematical formulas these scientists developed.</p>\n<p>Since its inception, Renaissance Technologies' flagship fund, the Medallion hedge fund, has generated over $100 billion in trading profits with an average annual return of 71.8% before fees between 1994 and mid-2014.2 Unfortunately, the Medallion fund is only available for its employees and family members.</p>\n<blockquote>\n $165 billion, Renaissance Technologies' assets under management as of 2020.\n</blockquote>\n<p><b>Current Net Worth and Influence</b></p>\n<p>Jim Simons ranked 23rd on<i>Forbes</i>' wealthiest Americans list in 2020, with an estimated $23.5 billionnet worth. The Quant King also ranks first on the Forbes 2019 list of highest-earning hedge fund managers.3</p>\n<p>Simons has a great deal of influence in the scientific world and co-founded the Simons Foundation with his wife, Marilyn Simons, in 1994. The Simons Foundation is devoted to supporting scientific research, education, and health. Simons has contributed over $2.7 billion of his wealth to this cause as well as to support autism research.</p>\n<p>Additionally, Simons founded Math for America, which aims to encourage mathematics and science teachers to remain in their roles and advance their teaching abilities.</p>\n<p><b>Jim Simons Quotes</b></p>\n<p>Jim Simons is a big advocate of idea sharing and hiring the brightest people from various science-related fields. However, Simons frequently avoids the spotlight and doesn't give many interviews. The following quotes give just a sliver of insight into how he's managed and built Rentech.</p>\n<p>\"Great people. Great infrastructure. Open environment. Get everyone compensated roughly based on the overall performance...That made a lot of money.\"</p>\n<p>“We search through historical data looking for anomalous patterns that we would not expect to occur at random.”</p>\n<p>\"Past performance is the best predictor of success.\"</p>\n<p>\"We have three criteria: If it's publicly traded, liquid, and amenable to modeling, we trade it.\"</p>\n<p>\"Efficient market theory is correct in that there are no gross inefficiencies. But we look at anomalies that may be small in size and brief in time. We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money.\"</p>\n<p>\"I disparage some for whom model-making was a part-time hobby,\" Simons once said as part of a speech at MIT in 2011. Simons made the remark when speaking about those who thought model-making was not useful in the real world.</p>\n<p><b>Jim Simons FAQs</b></p>\n<p>Is Jim Simons the Most Successful Investor of All Time?</p>\n<p>Jim Simons is the richest hedge fund manager and has been called the world's greatest investor by the<i>Wall Street Journal</i>. Although success is subjective, other investors such as Warren Buffett are considered amongthe world's greatest investors.</p>\n<p>What Is Jim Simons' Strategy?</p>\n<p>Jim Simons exclusively uses quantitative analysis to decide which trades to enter, based on market inefficiencies.</p>\n<p>Can I Invest in the Medallion Fund?</p>\n<p>Unfortunately, the Medallion fund is closed to outside investors and is only available to current and past employees of Renaissance Technologies.</p>\n<p>Who Is the Richest Hedge Fund Manager?</p>\n<p>According to<i>Forbes</i>, Jim Simons is the richest hedge fund manager in America.4</p>\n<p>How Much Do the Top Hedge Fund Managers Make?</p>\n<p>According to the latest data from<i>Forbes</i>, the top 10 hedge fund managers make well over $500 million a year, all the way up to $1 billion. Jim Simons is currently the richest hedge fund manager and made $1.6 billion in 2017.</p>\n<p><b>The Bottom Line</b></p>\n<p>An unlikely mathematician turned Wall Street on its head back in 1982. Since then, Jim Simons and his Renaissance Technologies quant fund have left a legacy that will forever change the world of finance. The numbers are hard to argue with after logging the Medallion Fund's skyrocketing returns.</p>","source":"lsy1606203311635","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Jim Simons' Success Story: Net Worth, Education, and Top Quotes</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJim Simons' Success Story: Net Worth, Education, and Top Quotes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 15:37 GMT+8 <a href=https://www.investopedia.com/articles/investing/030516/jim-simons-success-story-net-worth-education-top-quotes.asp><strong>Investopedia</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>James Harris Simons, or Jim Simons, is known as the \"Quant King\" and one of the greatest investors of all time, after having started one of the most successfulquant fundsin the world, Renaissance ...</p>\n\n<a href=\"https://www.investopedia.com/articles/investing/030516/jim-simons-success-story-net-worth-education-top-quotes.asp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.investopedia.com/articles/investing/030516/jim-simons-success-story-net-worth-education-top-quotes.asp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180709423","content_text":"James Harris Simons, or Jim Simons, is known as the \"Quant King\" and one of the greatest investors of all time, after having started one of the most successfulquant fundsin the world, Renaissance Technologies (“Rentech”). Simons founded Rentech in 1982 at just 44 years old. He served as the chair and CEO until 2010 when he retired from his role. He still remains as a non-executive chair.\nKEY TAKEAWAYS\n\nJim Simons is known as one of the greatest investors of all time, due to the long-term returns of his quant fund Renaissance Technologies and its flagship Medallion Fund.\nSimons served as CEO and chair of Renaissance Technologies from its founding in 1982 until 2010 when he stepped down. Prior to a career in finance, Simons was also a successful mathematician and taught at MIT, Harvard, as well as served as the chair of the mathematics department at Stony Brook University.\nAs of 2021,Forbesestimated Jim Simons' net worth at $23.5 billion, making him the 23rd richest person in the United States.\n\nEarly Life and Education\nJim Simons was born in 1938 in Brookline, Mass., and discovered his love for mathematics at an early age. At the age of 14, Simons worked at a garden supply store as a floor sweeper after being demoted from a stock boy position due to his lack of memory of inventory location. However, Simons was astute and had the ambitious plan of becoming a mathematician at the Massachusetts Institute of Technology (MIT).\nIn 1955, Simons was accepted into MIT and majored in mathematics. Upon graduating, Simons studied at the University of California at Berkeley for his doctorate in mathematics. His thesis focused on providing supporting proof of Berger's classification of the holonomy groups of Riemannian manifolds, and after just one year, he received his doctorate at the age of 23 in 1961.\nLater, Simons worked on important mathematical theories, including the Chern-Simons form, which later played a role in topological quantum field theory. He had an early and successful career in mathematics, winning multiple awards, and later was inducted into the U.S. National Academy of Sciences.1\nIn 1964, Simons was recruited by The Institute for Defense Analyses (IDA), where he played a key role to break codes during the Vietnam War. Simons left IDA after four years and went on to teach mathematics at MIT and Harvard University.\nEventually, he was appointed to become the chair of the mathematics department at Stony Brook University, where he helped develop the mathematics and physics programs while still being sought after by companies such as IBM for his consulting work. It wasn't until 1978 that he started delving into finance.\nInvestment Philosophy & Success Story\nDespite already having successful careers as a prize-winning mathematician and a master code breaker for the IDA, Jim Simons decided to pursue a career in finance. In 1978, the mathematician started the hedge fund Monemetrics, which was the predecessor to the highly successful Renaissance Technologies.\nSimons didn't think to apply mathematics to his hedge fund at first; however, over time, he realized he could use mathematical andstatisticalmodels to interpret data by looking for non-random movements in financial data to predict future returns.\nBy 1988, Simons decided to solely usequantitative analysisto decide which trades to enter. Simons only sought experts in mathematics, data analysis, and many other scientific-related fields to work with him at the fund. The Quant King filled the fund with programmers, mathematicians, physicists, and cryptographers. The company thrived due to the complex mathematical formulas these scientists developed.\nSince its inception, Renaissance Technologies' flagship fund, the Medallion hedge fund, has generated over $100 billion in trading profits with an average annual return of 71.8% before fees between 1994 and mid-2014.2 Unfortunately, the Medallion fund is only available for its employees and family members.\n\n $165 billion, Renaissance Technologies' assets under management as of 2020.\n\nCurrent Net Worth and Influence\nJim Simons ranked 23rd onForbes' wealthiest Americans list in 2020, with an estimated $23.5 billionnet worth. The Quant King also ranks first on the Forbes 2019 list of highest-earning hedge fund managers.3\nSimons has a great deal of influence in the scientific world and co-founded the Simons Foundation with his wife, Marilyn Simons, in 1994. The Simons Foundation is devoted to supporting scientific research, education, and health. Simons has contributed over $2.7 billion of his wealth to this cause as well as to support autism research.\nAdditionally, Simons founded Math for America, which aims to encourage mathematics and science teachers to remain in their roles and advance their teaching abilities.\nJim Simons Quotes\nJim Simons is a big advocate of idea sharing and hiring the brightest people from various science-related fields. However, Simons frequently avoids the spotlight and doesn't give many interviews. The following quotes give just a sliver of insight into how he's managed and built Rentech.\n\"Great people. Great infrastructure. Open environment. Get everyone compensated roughly based on the overall performance...That made a lot of money.\"\n“We search through historical data looking for anomalous patterns that we would not expect to occur at random.”\n\"Past performance is the best predictor of success.\"\n\"We have three criteria: If it's publicly traded, liquid, and amenable to modeling, we trade it.\"\n\"Efficient market theory is correct in that there are no gross inefficiencies. But we look at anomalies that may be small in size and brief in time. We make our forecast. Then, shortly thereafter, we re-evaluate the situation and revise our forecast and our portfolio. We do this all day long. We're always in and out and out and in. So we're dependent on activity to make money.\"\n\"I disparage some for whom model-making was a part-time hobby,\" Simons once said as part of a speech at MIT in 2011. Simons made the remark when speaking about those who thought model-making was not useful in the real world.\nJim Simons FAQs\nIs Jim Simons the Most Successful Investor of All Time?\nJim Simons is the richest hedge fund manager and has been called the world's greatest investor by theWall Street Journal. Although success is subjective, other investors such as Warren Buffett are considered amongthe world's greatest investors.\nWhat Is Jim Simons' Strategy?\nJim Simons exclusively uses quantitative analysis to decide which trades to enter, based on market inefficiencies.\nCan I Invest in the Medallion Fund?\nUnfortunately, the Medallion fund is closed to outside investors and is only available to current and past employees of Renaissance Technologies.\nWho Is the Richest Hedge Fund Manager?\nAccording toForbes, Jim Simons is the richest hedge fund manager in America.4\nHow Much Do the Top Hedge Fund Managers Make?\nAccording to the latest data fromForbes, the top 10 hedge fund managers make well over $500 million a year, all the way up to $1 billion. Jim Simons is currently the richest hedge fund manager and made $1.6 billion in 2017.\nThe Bottom Line\nAn unlikely mathematician turned Wall Street on its head back in 1982. Since then, Jim Simons and his Renaissance Technologies quant fund have left a legacy that will forever change the world of finance. The numbers are hard to argue with after logging the Medallion Fund's skyrocketing returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":126887366,"gmtCreate":1624551289155,"gmtModify":1703840262178,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"???","listText":"???","text":"???","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126887366","repostId":"1120836318","repostType":4,"isVote":1,"tweetType":1,"viewCount":182,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160177715,"gmtCreate":1623776947237,"gmtModify":1703819244821,"author":{"id":"3574858814253492","authorId":"3574858814253492","name":"AhRick","avatar":"https://static.tigerbbs.com/54f81ac0a642803e5606807a30d134ee","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3574858814253492","idStr":"3574858814253492"},"themes":[],"htmlText":"Nicee","listText":"Nicee","text":"Nicee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160177715","repostId":"1101819642","repostType":4,"repost":{"id":"1101819642","pubTimestamp":1623760836,"share":"https://ttm.financial/m/news/1101819642?lang=&edition=fundamental","pubTime":"2021-06-15 20:40","market":"us","language":"en","title":"Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record","url":"https://stock-news.laohu8.com/highlight/detail?id=1101819642","media":"cnbc","summary":"Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued t","content":"<div>\n<p>Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nThe 6.6% surge was the biggest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nProducer prices climb 6.6% in May on annual basis, largest 12-month increase on record\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:40 GMT+8 <a href=https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nThe 6.6% surge was the biggest ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/15/retail-sales-producer-price-index-may-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1101819642","content_text":"Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nThe 6.6% surge was the biggest 12-month rise in the final demand index since the Bureau of Labor Statistics began tracking the data point in November 2010.\nOn a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.\nThose higher price pressures came amid a pronounced dip in retail sales, which fell 1.3% in May, worse than the 0.6% estimate, according to the Census Bureau.\nGoods inflation continued to be the dominant inflation force, rising 1.5% as opposed to a 0.6% increase in services. In the pandemic economy, goods have run well ahead of services as economic lockdowns constrained consumer demand for services-related purchases.","news_type":1},"isVote":1,"tweetType":1,"viewCount":283,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
