To The Moon

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

You tell people that someone made 66% annual returns for 30 years and most people would doubt it unless they know Simons’ story.Jim Simons' Legacy Spans Hedge Fund, Math, PhilanthropyReviewing Simons' life,in early years, he dominated the mathematics world, achieving remarkable success.In middle age, he entered the finance industry and conquered Wall Street.In his later years, he devoted himself to charity and contributed to society.The brilliant mathematician got his Ph.D. at the age of 23 and established the renowned Chern-Simons theory at 36, earning him the highest awards in geometry.Mathematician Conquered Wall Street: 66% Returns For 30 YearsRenaissance's main Medallion Fund made a whopping 62% every year (before fees) and 37% (after fees) from 1988 to 2021.That means, putting $1 in

After years of speculation, Warren Buffett has named Greg Abel as his successor at Berkshire Hathaway $Berkshire Hathaway(BRK.A)$ $Berkshire Hathaway(BRK.B)$ .Warren Buffett's successor Greg Abel is wooing shareholdersLet's dive into Abel's background and achievements, and ponder over some interactive questions:Overseeing Non-Insurance Operations 🏦Abel, as Vice Chairman in charge of all non-insurance operations, has shown resilience in sectors like energy and manufacturing. What do you think are the key skills needed for managing such a diverse portfolio?Ordinary Education, Extraordinary Talent 🎓Despite a modest educational background, Abel has an outstanding professional track record. How important do

Watch the 2024 Berkshire Hathaway annual shareholders meeting on Saturday, May 4?Every May, the Berkshire shareholders meeting has become a feast for global value investment pilgrimage.The company's performance returns, Warren Buffett and Charlie Munger's letters to shareholders, and valuable sharing on the spot are studied by the investment community around the world.Although Berkshire's investment results have not yet been released, I believe it must be a good result, because Buffett's investment in Japan has also been quite successful in the past two years.This article will take you to a brief review of how Buffett's company has won step by step to increase its position in Japan and win investment victory.Japanese Stock Market Bull Run 2024 📈The Japanese stock market has entered a signi

🤔 1.Who is Lawrence Wong?👋 The name Lawrence Wong has been echoing louder and louder 📢 in the political landscape of Singapore.After the declaration of Lee Hsien Loong's resignation, who is the eldest son of the legendary Lee Kuan Yew, Lawrence Wong has been put forward as the recommended candidate for the next Prime Minister of Singapore.This development has placed his background and experiences under the spotlight 💡, capturing the interest and curiosity of the public. 🌟PM Lee & Lawrence Wong Photo 🌟🧲 What charm does this designated candidate for the next leadership of Singapore possess, that has led Lee Hsien Loong to endorse him repeatedly?🤝🔄 What does Lawrence Wong's inclusion represent for Singapore and for China-Singapore economic relations?👨🎓📚 Perhaps, we can start to understand

Meta CEO Mark Zuckerberg is now the third richest person in the world.Zuckerberg's wealth has outpaced Tesla CEO Elon Musk for the first time since 2020.Musk's wealth has tanked as Tesla shares have slumped more than 34% since the start of the year.Just in early March, Musk was still ranked first on the Bloomberg Billionaires Index.Musk’s wealth has shrunk by $48.4 billion this year, while Zuckerberg has added $58.9 billion to his fortune as $Meta Platforms, Inc.(META)$ Inc. climbs to fresh highs, including a new record on Friday.   $Tesla Motors(TSLA)$ shares have fallen 34% this year, making it the worst performer in the $S&P 500(.SPX)$. It’s been

What will happen if president needs money?Seek to cozy up to billionaires!Trump team has only half the cash of the Biden team?Trump and his team are actively seeking more major donors to bolster their financial strength in the upcoming election against President Biden.According to information disclosed by both the Trump and Biden campaign teams, as of February, Trump's team had about $30 million in cash on hand, while Biden's campaign had about $56 million in cash as of the end of January. Will billionaire Elon Musk help Trump turn the tide?Former President Donald Trump met with one of the world's richest individuals, Elon Musk, and several other wealthy Republican donors in Florida to raise campaign funds.According to Forbes, Musk's net worth is around $200 billion. If Musk

The US presidential election is scheduled for November 5, 2024, and March 5 is the crucial primary election day known as "Super Tuesday," when 15 states and one overseas territory will hold Republican primary elections.Donald Trump is once again running for President of the United States. The series of votes on "Super Tuesday" will determine whether Trump can defeat his opponent Nikki Haley to become the Republican presidential nominee and challenge the incumbent President Joe Biden, who is seeking reelection.What is "Super Tuesday"?• "Super Tuesday" is the busiest day of the US presidential primary elections, with 15 states and 1 US territory holding primaries for both parties simultaneously. Alaska only holds Republican primaries, while American Samoa only holds Democratic primaries.• Tr

In the AI deity-making frenzy, $NVIDIA Corp(NVDA)$ strides confidently towards the altar. Weekly chatHowever, it took nearly 15 months after ChatGPT's debut for people to realize NVIDIA's core ally: $SUPER MICRO COMPUTER INC(SMCI)$ Over the past year, $SUPER MICRO COMPUTER INC(SMCI)$ 's stock surged by 980%, easily outpacing the "Big Seven" tech stocks in the US market, while $NVIDIA Corp(NVDA)$ , $Meta Platforms, Inc.(META)$ , $Advanced Micro Devices(AMD)$ , and $Microsoft(MSFT)$ saw gains of 2

Witness history! $S&P 500(.SPX)$ hits record high, U.S. stock market officially enters bull market on last Friday.In the vivid tapestry of the stock market, the terms "bull market" and "bear market" trace their roots to a fascinating origin. Picture a vibrant Wall Street where market trends emulate the behaviors of two powerful animals: the bullish charge and the bearish retreat.A look at bear and bull markets through historyThe Bull Market: An 18th Century AscentIn the 18th century, traders discerned a correlation between rising markets and increased profits, birthing the term "bull market." Bulls, with their upward-thrusting horns, became the symbol of the ascending surge in stock prices.Fast forward to the roaring twenties—a golden era for