Past performance is the best predictor of success.

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

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.

We don't override the models.

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

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