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Jim Simons Stood By One Quant Investing Rule That Helped Him Earn 66% Returns For 30 Years, 'You Just Stick With It, And It Worked'
Tuesday, April 22, 2025 - 5:35am | 449Jim Simons, a mathematician turned investor with remarkable success, once mentioned to a group of students that the only rule he’s stood by while investing is not letting gut instinct interfere with his math. What Happened: In a newly resurfaced 2014 talk at San Francisco State...
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Jim Simons' Renaissance Technologies Makes AI Moves: Sells Big Tech, Buys Chinese Stocks, Robinhood In Q4
Tuesday, February 18, 2025 - 8:57am | 803Late investor Jim Simons‘ fund Renaissance Technologies LLC made some significant changes within its artificial intelligence bets during the fourth quarter of 2024. The 13F SEC filings reveal that Renaissance increased its stake in a few Asia-based AI companies during the quarter. What...
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Palantir Soars To $150B Market Cap As Analysts Flag Risks In Valuation, Insider Sales
Monday, November 18, 2024 - 11:05am | 503Palantir Technologies Inc. (NYSE:PLTR) stock continues to ride high, but hedge fund titans are easing off the throttle. Hedge Funds Take Profits, Not Exit Palantir’s stock has captured market attention with its meteoric rise to a 52-week high of $66.07, but hedge funds are stepping back—...
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NSA Code Breaker Jim Simons' Hedge Fund Renaissance Technologies — Ozempic, Wegovy Maker Novo Nordisk Along With Nvidia, Palantir Among Top Holdings
Monday, August 19, 2024 - 10:25pm | 789Editor’s Note: The headline has been revised for clarity. Renaissance Technologies, the hedge fund founded by legendary mathematician and former National Security Agency code breaker Jim Simons, recently disclosed its latest stock holdings in a 13F filing with the U.S. Securities and Exchange...
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Remembering Jim Simons: Revisiting One Of The Legendary Investor's Best Lectures
Monday, May 13, 2024 - 9:46am | 783Jim Simons, RIP When news of Jim Simons' passing broke on Friday, may noted the extraordinary returns of his firm's flagship fund. IF YOU INVESTED JUST $1,000 IN JIM SIMONS MEDALLION FUND IN 1988 YOU WOULD HAVE OVER $42 MILLION DOLLARS TODAY FOR COMPARISON IF YOU BOUGHT THE S&P...
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Jim Simons, Groundbreaking Quantitative Hedge Fund Founder Who Provided Exceptional Returns For Investors, Dies At 86
Friday, May 10, 2024 - 2:43pm | 588Jim Simons, a titan in the world of finance, mathematics and philanthropy, died in New York City on Friday. He was 86. Born James Harris Simons on April 25, 1938, in Newton, Massachusetts, he showed early promise in mathematics. He attended the Massachusetts Institute of Technology, earning his...
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Jim Simons, A Math Professor, Became One Of The Most Successful Investors Of All Time — Now He Shares His Formula For Making Billions
Thursday, April 25, 2024 - 9:30am | 989Jim Simons is a multifaceted American who has achieved remarkable success in multiple fields. A mathematician by training, he later turned his talents towards finance, founding Renaissance Technologies, a highly quantitative hedge fund. Through his work there, Simons has garnered a reputation as...
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Don Steinbrugge Explains Reinsurance: A Strategy That Helps Hedge Funds Remain Safe From Market Volatility
Friday, March 10, 2017 - 1:12pm | 1466Back in January, Benzinga published a series of articles where Don Steinbrugge, one of the top experts in the hedge fund industry, shared a preview of the top trends he expects to see among hedge funds in 2017. The specialist talked about the evolution in fees, the impact of the Trump...
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How Hedge Funds Select Their Managers
Thursday, February 9, 2017 - 11:43am | 467There are about 15,000 hedge funds out there, and both their fees and returns are very varied. But, what determines those factors? One of the most important elements in a hedge fund’s success is the manager. However, most people know only a few names in the space: Warren Buffett, Jim Simons,...
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How To Invest In Hedge Funds (When You Don't Understand Them)
Wednesday, February 8, 2017 - 12:09pm | 487Quite often, our readers ask how to invest in hedge funds: “I don’t know the first thing about them. Other than Warren Buffett, who’s good? Are the fees worth it?” Looking for an answer to such a common query, Benzinga reached out to Don Steinbrugge, one of the top experts...
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Q&A With Hedge Fund Industry Expert Don Steinbrugge: Rituals, Role Models And Investing In Cannabis
Saturday, January 21, 2017 - 7:35pm | 669Don Steinbrugge is one of the best-known experts in the hedge fund industry, with over three decades of experience in the field. He has been running Agecroft Partners, a global, award-winning hedge fund consulting and marketing firm for almost 10 years now. Benzinga had the chance to chat with...
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Some Of The Most Notable Changes This 13F Season
Tuesday, November 15, 2016 - 4:06pm | 639Having passed the SEC deadline for Q3 13F filings, most large hedge funds and investment management firms already disclosed their long equity positions as of September 30. While aggregate data and stats aren't out yet, Benzinga wanted to share a quick look into some of the most notable...
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CEOs Vs. Hedge Fund Managers: Who Gets Paid Better?
Thursday, May 26, 2016 - 10:49am | 715Do you want to become a billionaire? What about running a company? Ever wondered if you’d get richer making it to CEO or as a money manager? Well, Benzinga’s got some pointers for you. The Associated Press and Equilar, an executive data firm, recently published a list of the 10 highest-...
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Everything You Need To Know About Apple In The Hedge Fund World
Monday, May 16, 2016 - 5:13pm | 344Shares of Apple Inc. (NASDAQ: AAPL) gained 3.71 percent on Monday. The tech behemoth was among the most popular stocks among money managers. Below is a look into some of the most relevant 13F moves and positions seen in Apple in the January to March period. Stealing the thunder was Berkshire...
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Mario Gabelli Discloses Bullish Moves In Madison Square Garden & Tredegar
Wednesday, September 16, 2015 - 7:50am | 322On Tuesday, the fund affiliated with Mario Gabelli disclosed two bullish moves. The funds boosted their exposure to The Madison Square Garden Co (NYSE: MSG) by more than 51 percent. The firms increased their stake in Tredegar Corporation (NYSE: TG) by more than 6.6 percent. According...