Investing Lessons from Hedge Fund Star Jim Simons

An article in MarketWatch argues that, while it’s impossible for the typical individual investor to trade like quant legend Jim Simons, “there are lessons every investor can learn from Simons’s successes and failures:” Go long— Since Simons has not been successful at generating hefty profits on long-term bets, the article notes, which “creates an opening for investors willing to hold shares for a year or longer, who don’t need to worry about facing off against… Read More

Five Questions: The Man Who Solved the Market with Gregory Zuckerman

If I asked you to name the greatest investor of all time, you would likely immediately think of Warren Buffett. And there is good reason for that. Buffett has put up 20% annual returns since 1965, which is about double what the market returned over the same period. If you didn’t name Buffett, you might think of Peter Lynch, which would be another good choice. Lynch steered the Magellan Fund to a 29% return from… Read More

Jim Simons and the Best Hedge Fund Ever

In a recent Bloomberg article, columnist Barry Ritholtz reviews the new book by Wall Street Journal reporter Greg Zuckerman, “The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution.” Ritholtz describes the book about Simons, a former math professor and code breaker for the Institute of Defense Analyses, as “compelling, filled with so many fascinating characters and new information, that it demands a review.” Author Zuckerman reportedly spent over two years researching… Read More