Jim Simons, RIP
When news of Jim Simons' passing broke on Friday, may noted the extraordinary returns of his firm's flagship fund.
IF YOU INVESTED JUST $1,000 IN JIM SIMONS MEDALLION FUND IN 1988 YOU WOULD HAVE OVER $42 MILLION DOLLARS TODAY FOR COMPARISON IF YOU BOUGHT THE S&P 500 YOU WOULD HAVE $40,000 INVESTING IN WARREN BUFFET'S BERKSHIRE WOULD HAVE GIVEN YOU $152,000 TRULY THE GREATEST TO EVER DO IT
— GURGAVIN (@gurgavin) May 10, 2024
Of course, you couldn't have invested in the Medallion Fund unless you worked at Simons' Renaissance Technologies. But there was more to Jim Simons than being one of...
Login or create a forever free account to read this news
Sign up/Log in