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MelKCF

MelKCF

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2021-06-08

$Clover Health Corp(CLOV)$Haven’t break 25 yet.Come on guys [Grin]

2021-08-02

$DiDi Global Inc.(DIDI)$Hold or sell?

2021-06-23

We need more competitors. Tesla is over price $NIO Inc.(NIO)$$Tesla Motors(TSLA)$

Why I Believe NIO Will Beat Out Tesla

2021-08-04

$Robinhood Markets, Inc.(HOOD)$If your heart cannot take it. Don’t play with fire

2021-07-23

$UWM Holdings Corporation(UWMC)$Is getting worse ?

2021-06-24

Didn’t know data analytics was already a thing so long ago. Smart person!

Jim Simons' Success Story: Net Worth, Education, and Top Quotes

2021-06-08

$Clover Health Corp(CLOV)$Will it reach 25 before close?[Grin]

2021-08-23

Solid !

Pfizer and BioNTech SE shares surged in premarket trading

2021-06-26

$Auddia Inc.(AUUD)$Yippee!!

2021-06-23

$Sphere 3D(ANY)$Steady ?

2021-06-22

$Apple(AAPL)$yippy!!

2021-06-15

$Starbucks(SBUX)$Thank you

2021-06-09

$Aethlon Medical(AEMD)$[Facepalm] [Facepalm] [Facepalm] [Facepalm]

2021-06-08

How low will this go today? [Grin]

2021-06-08

$Ra Medical Systems Inc.(RMED)$Climb climb!!

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!","listText":"Solid !","text":"Solid !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835874338","repostId":"1104804215","repostType":4,"repost":{"id":"1104804215","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629706373,"share":"https://ttm.financial/m/news/1104804215?lang=&edition=fundamental","pubTime":"2021-08-23 16:12","market":"us","language":"en","title":"Pfizer and BioNTech SE shares surged in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1104804215","media":"Tiger Newspress","summary":"Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval","content":"<p>Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdc37e9193346a16038693153dd045e\" tg-width=\"362\" tg-height=\"125\" width=\"100%\" height=\"auto\"></p>\n<p>The Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.</p>\n<p>Regulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. 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The Pentagon this month&nbsp;said it planned&nbsp;to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.</p>\n<p>Once it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. 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Moderna is planning to submit its data in support of a booster shot in September.</p>","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>Pfizer and BioNTech SE shares surged in premarket trading</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\">\nPfizer and BioNTech SE shares surged in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-23 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdc37e9193346a16038693153dd045e\" tg-width=\"362\" tg-height=\"125\" width=\"100%\" height=\"auto\"></p>\n<p>The Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.</p>\n<p>Regulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. The people familiar with the planning, who were not authorized to speak publicly about it, cautioned that the approval might slide beyond Monday if some components of the review need more time.</p>\n<p>An F.D.A. spokeswoman declined to comment.</p>\n<p>The agency had recently set an unofficial deadline for approval of around Labor Day.</p>\n<p>The approval is expected to pave the way for a series of vaccination requirements by public and private organizations who were awaiting final regulatory action before putting in effect mandates. Federal and state health officials are also hoping that an approved vaccine will draw interest from some Americans who have been hesitant to take one that was only authorized for emergency use, a phenomenon suggested by recent polling.</p>\n<p>Some universities and hospitals are expected to mandate inoculation once a vaccine is fully approved. The Pentagon this month&nbsp;said it planned&nbsp;to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.</p>\n<p>Once it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. Pfizer is expected to finish submitting data that it says shows a third shot is safe and effective next week.</p>\n<p>The F.D.A. last week updated its authorizations of Pfizer-BioNTech’s and Moderna’s vaccines to allow third doses for some immunocompromised people, a decision backed by the Centers for Disease Control and Prevention.</p>\n<p>Regulators are still reviewing Moderna’s application for full approval for its coronavirus vaccine, and a decision could come at least several weeks after the one for Pfizer-BioNTech. Moderna is planning to submit its data in support of a booster shot in September.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104804215","content_text":"Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.\n\nThe Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.\nRegulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. The people familiar with the planning, who were not authorized to speak publicly about it, cautioned that the approval might slide beyond Monday if some components of the review need more time.\nAn F.D.A. spokeswoman declined to comment.\nThe agency had recently set an unofficial deadline for approval of around Labor Day.\nThe approval is expected to pave the way for a series of vaccination requirements by public and private organizations who were awaiting final regulatory action before putting in effect mandates. Federal and state health officials are also hoping that an approved vaccine will draw interest from some Americans who have been hesitant to take one that was only authorized for emergency use, a phenomenon suggested by recent polling.\nSome universities and hospitals are expected to mandate inoculation once a vaccine is fully approved. The Pentagon this month said it planned to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.\nOnce it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. 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Moderna is planning to submit its data in support of a booster shot in September.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890359221,"gmtCreate":1628084582863,"gmtModify":1703500913350,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>If your heart cannot take it. Don’t play with fire&nbsp;","listText":"<a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>If your heart cannot take it. Don’t play with fire&nbsp;","text":"$Robinhood Markets, Inc.(HOOD)$If your heart cannot take it. Don’t play with fire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890359221","isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804390096,"gmtCreate":1627919583415,"gmtModify":1703497979405,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>Hold or sell?&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>Hold or sell?&nbsp;","text":"$DiDi Global Inc.(DIDI)$Hold or sell?","images":[{"img":"https://static.tigerbbs.com/845ad49780ddd0e7724eb42a7d97b058","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/804390096","isVote":1,"tweetType":1,"viewCount":1680,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"264285113554817","authorId":"264285113554817","authorIdStr":"264285113554817","name":"逆天之战","avatar":"https://static.tigerbbs.com/c32ae176cbc86ebd24ae9d9d8575fd8e","crmLevel":1,"crmLevelSwitch":0,"idStr":"264285113554817"},"content":"Take it. It's meaningless to throw it now. Take it for a long time","text":"Take it. It's meaningless to throw it now. Take it for a long time","html":"Take it. It's meaningless to throw it now. Take it for a long time"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":175771799,"gmtCreate":1627050853811,"gmtModify":1703483396824,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UWMC\">$UWM Holdings Corporation(UWMC)$</a>Is getting worse ?","listText":"<a href=\"https://laohu8.com/S/UWMC\">$UWM Holdings Corporation(UWMC)$</a>Is getting worse ?","text":"$UWM Holdings Corporation(UWMC)$Is getting worse ?","images":[{"img":"https://static.tigerbbs.com/c64018a8cc63097469eaa47722e9555d","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175771799","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":125655989,"gmtCreate":1624672804241,"gmtModify":1703843282487,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AUUD\">$Auddia Inc.(AUUD)$</a>Yippee!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AUUD\">$Auddia Inc.(AUUD)$</a>Yippee!!&nbsp;","text":"$Auddia Inc.(AUUD)$Yippee!!","images":[{"img":"https://static.tigerbbs.com/4d10a690ea2a002907ee8ac3be04fe6c","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/125655989","isVote":1,"tweetType":1,"viewCount":454,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126118809,"gmtCreate":1624547292101,"gmtModify":1703840096778,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"Didn’t know data analytics was already a thing so long ago. Smart person!&nbsp;","listText":"Didn’t know data analytics was already a thing so long ago. Smart person!&nbsp;","text":"Didn’t know data analytics was already a thing so long ago. Smart person!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126118809","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.&nbsp;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&nbsp;Berger's&nbsp;classification of the&nbsp;holonomy&nbsp;groups of&nbsp;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 &amp; 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,&nbsp;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&nbsp;&nbsp;&nbsp;<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 $1.6 billion in 2017.\nThe Bottom Line\nAn unlikely mathematician turned Wall Street on its head back in 1982. Since then, Jim Simons and his Renaissance Technologies quant fund have left a legacy that will forever change the world of finance. The numbers are hard to argue with after logging the Medallion Fund's skyrocketing returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121852221,"gmtCreate":1624459614163,"gmtModify":1703837466052,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ANY\">$Sphere 3D(ANY)$</a>Steady ?","listText":"<a href=\"https://laohu8.com/S/ANY\">$Sphere 3D(ANY)$</a>Steady ?","text":"$Sphere 3D(ANY)$Steady ?","images":[{"img":"https://static.tigerbbs.com/5f8f95625b0e010b6ac515e1f8191e2d","width":"1284","height":"2223"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121852221","isVote":1,"tweetType":1,"viewCount":316,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121995965,"gmtCreate":1624447806457,"gmtModify":1703836962657,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"We need more competitors. Tesla is over price <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"We need more competitors. Tesla is over price <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"We need more competitors. Tesla is over price $NIO Inc.(NIO)$$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121995965","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about&nbsp;<b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","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>Why I Believe NIO Will Beat Out Tesla</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\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129820228,"gmtCreate":1624369224764,"gmtModify":1703834613272,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AAPL\">$Apple(AAPL)$</a>yippy!!","listText":"<a 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yet.Come on guys [Grin]&nbsp;","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Haven’t break 25 yet.Come on guys [Grin]&nbsp;","text":"$Clover Health Corp(CLOV)$Haven’t break 25 yet.Come on guys [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/180037893","isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117751000,"gmtCreate":1623161853900,"gmtModify":1704197423652,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Will it reach 25 before close?[Grin]&nbsp;","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Will it reach 25 before close?[Grin]&nbsp;","text":"$Clover Health Corp(CLOV)$Will it reach 25 before close?[Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117751000","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117450838,"gmtCreate":1623158675024,"gmtModify":1704197283343,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"How low will this go today? [Grin]&nbsp;","listText":"How low will this go today? [Grin]&nbsp;","text":"How low will this go today? [Grin]","images":[{"img":"https://static.tigerbbs.com/438cae88fb63702d629e3ac21e7db209","width":"1125","height":"2976"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117450838","isVote":1,"tweetType":1,"viewCount":152,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":114407850,"gmtCreate":1623084010270,"gmtModify":1704195813288,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/RMED\">$Ra Medical Systems Inc.(RMED)$</a>Climb climb!!","listText":"<a href=\"https://laohu8.com/S/RMED\">$Ra Medical Systems Inc.(RMED)$</a>Climb climb!!","text":"$Ra Medical Systems Inc.(RMED)$Climb climb!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/114407850","isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":180037893,"gmtCreate":1623163802012,"gmtModify":1704197499968,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Haven’t break 25 yet.Come on guys [Grin]&nbsp;","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Haven’t break 25 yet.Come on guys [Grin]&nbsp;","text":"$Clover Health Corp(CLOV)$Haven’t break 25 yet.Come on guys [Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/180037893","isVote":1,"tweetType":1,"viewCount":711,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804390096,"gmtCreate":1627919583415,"gmtModify":1703497979405,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>Hold or sell?&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIDI\">$DiDi Global Inc.(DIDI)$</a>Hold or sell?&nbsp;","text":"$DiDi Global Inc.(DIDI)$Hold or sell?","images":[{"img":"https://static.tigerbbs.com/845ad49780ddd0e7724eb42a7d97b058","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":1,"link":"https://ttm.financial/post/804390096","isVote":1,"tweetType":1,"viewCount":1680,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"264285113554817","authorId":"264285113554817","authorIdStr":"264285113554817","name":"逆天之战","avatar":"https://static.tigerbbs.com/c32ae176cbc86ebd24ae9d9d8575fd8e","crmLevel":1,"crmLevelSwitch":0,"idStr":"264285113554817"},"content":"Take it. It's meaningless to throw it now. Take it for a long time","text":"Take it. It's meaningless to throw it now. Take it for a long time","html":"Take it. It's meaningless to throw it now. Take it for a long time"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":121995965,"gmtCreate":1624447806457,"gmtModify":1703836962657,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"We need more competitors. Tesla is over price <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","listText":"We need more competitors. Tesla is over price <a href=\"https://laohu8.com/S/NIO\">$NIO Inc.(NIO)$</a><a href=\"https://laohu8.com/S/TSLA\">$Tesla Motors(TSLA)$</a>","text":"We need more competitors. Tesla is over price $NIO Inc.(NIO)$$Tesla Motors(TSLA)$","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121995965","repostId":"1145825451","repostType":4,"repost":{"id":"1145825451","pubTimestamp":1624433586,"share":"https://ttm.financial/m/news/1145825451?lang=&edition=fundamental","pubTime":"2021-06-23 15:33","market":"us","language":"en","title":"Why I Believe NIO Will Beat Out Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1145825451","media":"InvestorPlace","summary":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.Super fans of the latest and greatest high-endTesla, Inc. model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.The go","content":"<blockquote>\n <b>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.</b>\n</blockquote>\n<p>Super fans of the latest and greatest high-end<b>Tesla, Inc.</b>(NASDAQ:<b>TSLA</b>) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.</p>\n<p><img src=\"https://static.tigerbbs.com/b294a3604c7ba82bd19b3c70be3a4020\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: nrqemi / Shutterstock.com</p>\n<p>Musk wrote there was… “No need, as Plaid is just so good.”</p>\n<p>The Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.</p>\n<p>Instead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.</p>\n<p>As a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.</p>\n<p>This “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.</p>\n<p>Both the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.</p>\n<p>Clearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”</p>\n<p>As someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know do<i>not</i>want to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.</p>\n<p>What Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.</p>\n<p>The good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.</p>\n<p>This is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.</p>\n<p>However, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.</p>\n<p><b>Taking Advantage of the EV Revolution’s Profit Potential</b></p>\n<p>I’m talking about&nbsp;<b>Nio, Inc.</b>(NYSE:<b>NIO</b>). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on my<b><i>Platinum Growth Club</i></b>Model Portfolio back in February.</p>\n<p>The company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.</p>\n<p>The company is also partnering with cutting-edge chip companies like<b>NVIDIA Corporation</b>(NASDAQ:<b>NVDA</b>), another one of my<b><i>Platinum Growth Club</i></b>Model Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.</p>\n<p>Now, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.</p>\n<p>With the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.</p>\n<p>That means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.</p>\n<p>Shares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”</p>\n<p>Interestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.</p>\n<p>In other words, NIO represents the<b>crème de la crème</b>of EV stocks right now.</p>","source":"lsy1606302653667","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>Why I Believe NIO Will Beat Out Tesla</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\">\nWhy I Believe NIO Will Beat Out Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:33 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ...</p>\n\n<a href=\"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","NIO":"蔚来"},"source_url":"https://investorplace.com/2021/06/why-i-believe-nio-will-beat-out-tesla/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145825451","content_text":"The fact that Tesla scrapped its Model S Plaid Plus release is just part of it.\n\nSuper fans of the latest and greatest high-endTesla, Inc.(NASDAQ:TSLA) model received some disappointing news a week ago when CEO Elon Musk abruptly canceled the release of its highly anticipated Model S Plaid Plus with a tweet on June 6.\nSource: nrqemi / Shutterstock.com\nMusk wrote there was… “No need, as Plaid is just so good.”\nThe Model S Plaid Plus was supposed to be the fastest, most powerful and priciest version of the company’s Model S. Priced at $149,990, it was to feature a range of 520 miles, thanks to its innovative 4680 battery cells, 1,100 horsepower and the ability to speed from 0 to 60 mph in less than two seconds.\nInstead, the company has begun delivering a new Model S Plaid that has only a 390-mile range and 1,020 horsepower, though it still sprints to from 0 to 60 miles per hour in just two seconds.\nAs a way to “sugar coat” its flip flop, Tesla said the Model S Plaid is just as fast as the Model S Plaid Plus and $20,000 cheaper. Humm.\nThis “bait and switch” has some Tesla fans worried, since they had deposits on the Model S Plaid Plus and wanted the innovative 4680 battery cells that Tesla had been touting as the key to longer range and more power. Essentially, the 4680 battery cells were the latest great Tesla development, since they were the first batteries to also be a structural component that supposedly allowed Tesla to lower the weight of its vehicles.\nBoth the company’s Austin and Berlin manufacturing plants now under construction are supposed to also be making the 4680 batteries for new Tesla vehicles. If there is a problem with the engineering associated with utilizing the 4680 batteries or making them a structural component, then Tesla has grossly miscalculated, which is now worrying investors.\nClearly something happened to delay the 4680 batteries that were supposed to provide Tesla with a competitive and engineering edge. For Tesla’s sake, I hope they figure out the problems associated with their much hyped 4680 battery cells, otherwise concerns about its two new manufacturing plants will emerge, as well as the stock losing more of its “mojo.”\nAs someone who owns more than a few high-performance vehicles, I can tell you that the engineering geeks I know donotwant to get a new Model S Plaid instead of a Model S Plaid Plus and will likely ask for their deposits back.\nWhat Tesla did is like Ferrari or Porsche telling its customers that one of their much-hyped new performance models is now not being sold because the base model was just as good! Car fanatics, like myself, like the latest and greatest engineering tidbits, so we would rather cancel our orders versus settle for a base model.\nThe good news for Tesla is that its China sales in May resurged to 21,936, up sharply from 11,671 in April. The company’s sales tend to spike at the end of each quarter. For example, Tesla sold 35,478 vehicles in China in March, which was the strongest month ever in China.\nThis is raising expectations for very strong China sales in June, especially now that the Model Y is being manufactured in Shanghai. Interestingly, since most Chinese Teslas are now made with iron phosphate batteries, these vehicles have lower range than its lithium cobalt vehicles, but its iron phosphate vehicles are cheaper and now increasingly being exported to Europe.\nHowever, I’m convinced another electric vehicle (EV) company will eventually displace Tesla as the biggest manufacturer of EVs in China.\nTaking Advantage of the EV Revolution’s Profit Potential\nI’m talking about Nio, Inc.(NYSE:NIO). The reality is that this company is on the verge of dominating the EV market in China and Hong Kong. It’s why I put NIO on myPlatinum Growth ClubModel Portfolio back in February.\nThe company boasts that it is the “next-generation car company,” as it designs and manufactures electric vehicles that utilize the latest technologies in connectivity, autonomous driving and artificial intelligence (AI). NIO currently offers an electric seven-seater SUV (ES8) and a five-seater electric SUV (ES6) and recently introduced an attractive electric sedan (ET7). Its vehicles utilize NOMI, an in-vehicle artificial intelligence assistant.\nThe company is also partnering with cutting-edge chip companies likeNVIDIA Corporation(NASDAQ:NVDA), another one of myPlatinum Growth ClubModel Portfolio stocks. NIO plans to use the NVIDIA DRIVE Orin system-on-a-chip for its electric vehicles that will provide autonomous driving capabilities. The NVIDIA DRIVE Orin-powered supercomputer, which is being called Adam, will be launched in the ET7 sedan in China in 2022. Announcements like this are very positive, so NIO has been stealing some of Tesla’s thunder lately.\nNow, it’s important to note that NIO was bailed out by the Chinese government. Last year, the Chinese government injected $1 billion and now has a 24% ownership in the company. The reality is that China wants to dominate at least five major industries by 2025, and NIO is now its ticket to dominate EV manufacturing.\nWith the backing of the Chinese government, some Wall Street firms are eager to help NIO by issuing new debt or equity. So, I wouldn’t be surprised if NIO surpasses Tesla, which is currently number-two in China, for market share in the upcoming years.\nThat means, if you missed Tesla’s parabolic run like I did, NIO is essentially giving us a “second chance” to make money in a potentially explosive electric vehicle company.\nShares of NIO climbed nearly 13% since the company’s June 4 announcement of its May delivery report and positive analyst comments, while Tesla shares rose almost 3%. First, NIO revealed that the global chip shortage is starting to take a toll on its business. NIO only delivered 6,711 vehicles in May, or a 5.5% decline from April’s deliveries. Company management noted that deliveries were “adversely impacted for several days due to the volatility of semiconductor supply and certain logistical adjustments.”\nInterestingly, despite the month-to-month dip, NIO’s deliveries were still up 95.3% year-over-year. Strong demand in China even inspired a Citigroup analyst to upgrade NIO to a buy rating, as he expects demand to accelerate in the coming months.\nIn other words, NIO represents thecrème de la crèmeof EV stocks right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":612,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890359221,"gmtCreate":1628084582863,"gmtModify":1703500913350,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>If your heart cannot take it. Don’t play with fire&nbsp;","listText":"<a href=\"https://laohu8.com/S/HOOD\">$Robinhood Markets, Inc.(HOOD)$</a>If your heart cannot take it. Don’t play with fire&nbsp;","text":"$Robinhood Markets, Inc.(HOOD)$If your heart cannot take it. Don’t play with fire","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/890359221","isVote":1,"tweetType":1,"viewCount":395,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":175771799,"gmtCreate":1627050853811,"gmtModify":1703483396824,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UWMC\">$UWM Holdings Corporation(UWMC)$</a>Is getting worse ?","listText":"<a href=\"https://laohu8.com/S/UWMC\">$UWM Holdings Corporation(UWMC)$</a>Is getting worse ?","text":"$UWM Holdings Corporation(UWMC)$Is getting worse ?","images":[{"img":"https://static.tigerbbs.com/c64018a8cc63097469eaa47722e9555d","width":"1284","height":"2457"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/175771799","isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":126118809,"gmtCreate":1624547292101,"gmtModify":1703840096778,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"Didn’t know data analytics was already a thing so long ago. Smart person!&nbsp;","listText":"Didn’t know data analytics was already a thing so long ago. Smart person!&nbsp;","text":"Didn’t know data analytics was already a thing so long ago. Smart person!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/126118809","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.&nbsp;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&nbsp;Berger's&nbsp;classification of the&nbsp;holonomy&nbsp;groups of&nbsp;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 &amp; 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,&nbsp;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&nbsp;&nbsp;&nbsp;<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 $1.6 billion in 2017.\nThe Bottom Line\nAn unlikely mathematician turned Wall Street on its head back in 1982. Since then, Jim Simons and his Renaissance Technologies quant fund have left a legacy that will forever change the world of finance. The numbers are hard to argue with after logging the Medallion Fund's skyrocketing returns.","news_type":1},"isVote":1,"tweetType":1,"viewCount":327,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117751000,"gmtCreate":1623161853900,"gmtModify":1704197423652,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Will it reach 25 before close?[Grin]&nbsp;","listText":"<a href=\"https://laohu8.com/S/CLOV\">$Clover Health Corp(CLOV)$</a>Will it reach 25 before close?[Grin]&nbsp;","text":"$Clover Health Corp(CLOV)$Will it reach 25 before close?[Grin]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/117751000","isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":835874338,"gmtCreate":1629707693424,"gmtModify":1676530106173,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"Solid !","listText":"Solid !","text":"Solid !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/835874338","repostId":"1104804215","repostType":4,"repost":{"id":"1104804215","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1629706373,"share":"https://ttm.financial/m/news/1104804215?lang=&edition=fundamental","pubTime":"2021-08-23 16:12","market":"us","language":"en","title":"Pfizer and BioNTech SE shares surged in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1104804215","media":"Tiger Newspress","summary":"Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval","content":"<p>Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdc37e9193346a16038693153dd045e\" tg-width=\"362\" tg-height=\"125\" width=\"100%\" height=\"auto\"></p>\n<p>The Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.</p>\n<p>Regulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. The people familiar with the planning, who were not authorized to speak publicly about it, cautioned that the approval might slide beyond Monday if some components of the review need more time.</p>\n<p>An F.D.A. spokeswoman declined to comment.</p>\n<p>The agency had recently set an unofficial deadline for approval of around Labor Day.</p>\n<p>The approval is expected to pave the way for a series of vaccination requirements by public and private organizations who were awaiting final regulatory action before putting in effect mandates. Federal and state health officials are also hoping that an approved vaccine will draw interest from some Americans who have been hesitant to take one that was only authorized for emergency use, a phenomenon suggested by recent polling.</p>\n<p>Some universities and hospitals are expected to mandate inoculation once a vaccine is fully approved. The Pentagon this month&nbsp;said it planned&nbsp;to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.</p>\n<p>Once it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. Pfizer is expected to finish submitting data that it says shows a third shot is safe and effective next week.</p>\n<p>The F.D.A. last week updated its authorizations of Pfizer-BioNTech’s and Moderna’s vaccines to allow third doses for some immunocompromised people, a decision backed by the Centers for Disease Control and Prevention.</p>\n<p>Regulators are still reviewing Moderna’s application for full approval for its coronavirus vaccine, and a decision could come at least several weeks after the one for Pfizer-BioNTech. Moderna is planning to submit its data in support of a booster shot in September.</p>","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>Pfizer and BioNTech SE shares surged in premarket trading</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\">\nPfizer and BioNTech SE shares surged in premarket trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-08-23 16:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.</p>\n<p><img src=\"https://static.tigerbbs.com/7fdc37e9193346a16038693153dd045e\" tg-width=\"362\" tg-height=\"125\" width=\"100%\" height=\"auto\"></p>\n<p>The Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.</p>\n<p>Regulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. The people familiar with the planning, who were not authorized to speak publicly about it, cautioned that the approval might slide beyond Monday if some components of the review need more time.</p>\n<p>An F.D.A. spokeswoman declined to comment.</p>\n<p>The agency had recently set an unofficial deadline for approval of around Labor Day.</p>\n<p>The approval is expected to pave the way for a series of vaccination requirements by public and private organizations who were awaiting final regulatory action before putting in effect mandates. Federal and state health officials are also hoping that an approved vaccine will draw interest from some Americans who have been hesitant to take one that was only authorized for emergency use, a phenomenon suggested by recent polling.</p>\n<p>Some universities and hospitals are expected to mandate inoculation once a vaccine is fully approved. The Pentagon this month&nbsp;said it planned&nbsp;to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.</p>\n<p>Once it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. Pfizer is expected to finish submitting data that it says shows a third shot is safe and effective next week.</p>\n<p>The F.D.A. last week updated its authorizations of Pfizer-BioNTech’s and Moderna’s vaccines to allow third doses for some immunocompromised people, a decision backed by the Centers for Disease Control and Prevention.</p>\n<p>Regulators are still reviewing Moderna’s application for full approval for its coronavirus vaccine, and a decision could come at least several weeks after the one for Pfizer-BioNTech. Moderna is planning to submit its data in support of a booster shot in September.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞","BNTX":"BioNTech SE"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104804215","content_text":"Pfizer and BioNTech SE shares surged in premarket trading.The F.D.A. is aiming to give full approval to Pfizer’s Covid vaccine on Monday,according to the New York Times.\n\nThe Food and Drug Administration is pushing to approve Pfizer-BioNTech’s two-dose Covid-19 vaccine on Monday, further expediting an earlier timeline for licensing the shot, according to people familiar with the agency’s planning.\nRegulators were working to finish the process by Friday but were still working through a substantial amount of paperwork and negotiation with the company. The people familiar with the planning, who were not authorized to speak publicly about it, cautioned that the approval might slide beyond Monday if some components of the review need more time.\nAn F.D.A. spokeswoman declined to comment.\nThe agency had recently set an unofficial deadline for approval of around Labor Day.\nThe approval is expected to pave the way for a series of vaccination requirements by public and private organizations who were awaiting final regulatory action before putting in effect mandates. Federal and state health officials are also hoping that an approved vaccine will draw interest from some Americans who have been hesitant to take one that was only authorized for emergency use, a phenomenon suggested by recent polling.\nSome universities and hospitals are expected to mandate inoculation once a vaccine is fully approved. The Pentagon this month said it planned to make Covid vaccinations mandatory for the country’s 1.3 million active-duty troops “no later” than the middle of next month, or sooner if the F.D.A. acts earlier.\nOnce it obtains the approval, Pfizer-BioNTech is planning to quickly ask the F.D.A. to approve a third dose as a booster shot. The Biden administration on Wednesday announced that fully vaccinated adults should prepare to get booster shots eight months after they received their second doses, beginning Sept. 20. Pfizer is expected to finish submitting data that it says shows a third shot is safe and effective next week.\nThe F.D.A. last week updated its authorizations of Pfizer-BioNTech’s and Moderna’s vaccines to allow third doses for some immunocompromised people, a decision backed by the Centers for Disease Control and Prevention.\nRegulators are still reviewing Moderna’s application for full approval for its coronavirus vaccine, and a decision could come at least several weeks after the one for Pfizer-BioNTech. Moderna is planning to submit its data in support of a booster shot in September.","news_type":1},"isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":125655989,"gmtCreate":1624672804241,"gmtModify":1703843282487,"author":{"id":"3585467933278109","authorId":"3585467933278109","authorIdStr":"3585467933278109","name":"MelKCF","avatar":"https://static.tigerbbs.com/2b57c33e444433888b630b649fcdd3c6","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585467933278109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AUUD\">$Auddia Inc.(AUUD)$</a>Yippee!!&nbsp;","listText":"<a href=\"https://laohu8.com/S/AUUD\">$Auddia Inc.(AUUD)$</a>Yippee!!&nbsp;","text":"$Auddia 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