I did a lot of math. I made a lot of money, and I gave almost all of it away. That's the story of my life.

Jim Simons

Investors

Jim Simons

Born in 1938, died in 2024. As a mathematician James Simons created Chern-Simons theory in differential geometry, then pivoted to Wall Street and founded Renaissance Technologies. Its flagship Medallion Fund recorded an unprecedented annualized return of roughly 66% (before fees) over thirty years from 1988 to 2018, proving the potential of mathematical-model-driven investing and establishing Simons as the pioneer of quantitative finance.

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Jim Simons's Other Quotes

We search through historical data looking for anomalous patterns that we would not expect to occur at random.

Past performance is the best predictor of success.

We don't override the models.

Related Quotes

It is not that we have a short time to live, but that we waste much of it.

-- Seneca

All is number.

-- Pythagoras

There is geometry in the humming of the strings, there is music in the spacing of the spheres.

-- Pythagoras

Life is an unfoldment, and the further we travel the more truth we can comprehend.

-- Hypatia

The good life is one inspired by love and guided by knowledge.

-- Bertrand Russell

Three passions, simple but overwhelmingly strong, have governed my life: the longing for love, the search for knowledge, and unbearable pity for the suffering of mankind.

-- Bertrand Russell