By Eric Peters, CIO of One River Asset Management
“I did a lot of math,” he said. “I made a lot of money,” continued the pioneer in quantitative investing. “And I gave almost all of it away,” said the founder of Renaissance Technologies. “That’s the story of my life,” said Jim Simons, 1938-2024, R.I.P.
“Be guided by beauty. Just as a great theorem can be very beautiful, a company that’s really working very well, very efficiently, that can be beautiful,” said Jim Simons, sharing one of his guiding principles.