is often called the greatest investor in Wall Street history, yet he didn't start as a trader. A world-class mathematician and Cold War codebreaker, Simons founded Renaissance Technologies and its legendary Medallion Fund , which achieved unprecedented average annual returns of 66% before fees (roughly 39% after fees) over three decades.
Born in 1938, Simons was a math prodigy who graduated from MIT and earned a PhD from Berkeley. Before entering finance, he: is often called the greatest investor in Wall
The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution Before entering finance, he: The Man Who Solved
Gregory Zuckerman’s book, The Man Who Solved the Market , provides a rare look into how Simons and his team of "outcasts"—physicists, mathematicians, and computer scientists—replaced traditional human judgment with automated algorithms to "solve" the financial markets. Before entering finance