The most successful investor is one you've never heard of
Jim Simons is arguably the most successful trader in the history of modern finance. Since 1988, Renaissance's flagship Medallion hedge fund has generated average annual returns of 66%. Warren Buffett, George Soros, Peter Lynch, Steve Cohen, and Ray Dalio all fall short.
Simons built a computer-based trading model. He doesn't rely on intuition of insider knowledge. In fact, he hardly new any financial terms as he was building an investment hedge fund. And yet, Simons built his company that would go on to revolutionize Wall Street. If you're like me, you've never heard of him. And that was the way he wanted it. In The Man Who Solved the Market, Gregory Zuckerman tells the story of Simons and Renaissance. Reference
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