In times like these, investors can get by with a little help from the Wall Street legends. Deemed as “the man who solved the market,” Jim Simons relied on his experience as a mathematician and code-breaker to pioneer a ground-breaking investing approach, one that involved crunching data and developing predictive algorithms.Founding one of the most formidable hedge funds on the Street, Renaissance Technologies, in 1978, Simons, who is worth approximately $23 billion, has more than earned his reputation as the best of the best. Between 1988 and 2018, Renaissance generated trading profits of over $100 billion, and its flagship fund, …read more
Source:: Yahoo Finance
