Jim Simons, a mathematician and founder of hedge fund firm Renaissance Technologies who pioneered computer-based approaches to quantitative trading, dies at 86
Jim Simons just died. Simons was an award-winning mathematician … Thomas Sumner / Simons Foundation : Remembering the Life and Careers of Jim Simons Jonathan Kandell / New York Times : Jim Simons, Math Genius Who Conquered Wall Street, Dies at 86 Jim Simons / Financial Times : Jim Simons, founder of pioneering quant fund Renaissance, dies Ariel Zilber / New York Post : Jim Simons, billionaire hedge fund manager, math whiz and philanthropist dies at 86 Daniel Levi / Tech Startups : Jim Simons, the renowned mathematician and Wall Street quant legend, dies at the age of 86 Threads: Gene Bensinger / @genebensinger : Jim Simons, a giant in finance, just passed away. Obits will focus on that success. But Jim and his wife Marilyn have also been giants in the still emerging field of autism neuroscience research. Prior to 2006, the amount of funded global autism science research was a rounding error to zero. … Maurie McInnis / @sbuprez : It is with profound sorrow that I share that our dear friend and cherished member of the Stony Brook community Jim Simons passed away this morning. From his role as chairman of the math department, to his years of leadership on the Stony Brook Foundation Board of Trustees, to his transformational generosity, Jim forever impacted Stony Brook. … Marc Kramer / @marckramer : - He developed the Chern-Simons form with Shiing-Shen Chern and contributed to the development of string theory. - He founded the Simons Foundation with his wife in 1994 to support research in mathematics and fundamental sciences. - He was awarded honorary doctorates by York University, the University of Edinburgh and Trinity College Dublin. … Marc Kramer / @marckramer : Every day the market teaches me something new about its mechanics and the people who learned to understand them. Here are some interesting facts about Jim Simons ¹: - Jim Simons was a mathematician and philanthropist who founded Renaissance Technologies, a quantitative hedge fund. … @cnn : Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old. Simons, the founder of the hedge fund Renaissance Technologies, helped to pioneer quantitative investing, a market strategy that relies on mathematical and statistical models to identify investing opportunities. … Mastodon: Patrick Honner / @phonner@mathstodon.xyz : Very sad to hear that Jim Simons has died. I had the pleasure of meeting him many times. A genuinely nice man whose generosity has positively impacted thousands of teachers in NYC over the past 20 years. — https://www.simonsfoundation.org/ ... X: @autismcapital : The power level on this photo is off the charts. Look at Jim Simons. Perfect green lines. In his peacoat bathrobe. Doesn't care about where he's going, they'll just take him where he needs to be. Thinking about math. Cig in mouth. Vibed out. Drip on deck. Moisturized. Unbothered. [image] Polina M. Pompliano / @polina_marinova : Jim Simons was considered the most successful money maker in the history of modern finance. Since 1988, his flagship Medallion fund has generated average annual returns of 66% before charging hefty investor fees—39% after fees—racking up trading gains of more than $100 billion.... Lukas Heinrich / @lukasheinrich_ : The first time I heard about Jim Simons was as Chern-Simons in John Baez' book “Gauge Fields, Knots and Gravity” and I remember being surprised when I picked up “The Physics of Wall Street” at Strand's that he seemed to have a non-physics life.. and what a life it was! @thetranscript_ : We relistened to the full Jim Simons' interview from 2022 with @NicolaiTang1 & co and here are a few nuggets more nuggets we picked: 1. On his journey from academia to making money and then to giving it away: [video] Gregory Zuckerman / @gzuckerman : Jim Simons, the man who solved the market and so much more, has died at 86. Special guy, great sense of humor, cared about others and beat the odds in so many ways. RIP. https://www.wsj.com/... Gregory Zuckerman / @gzuckerman : One (of many) reasons Jim Simons was reluctant to speak w/me was he hoped to write his own book someday. Sad it never came to fruition but he leaves such a rich legacy. As a reporter you're not supposed to admire your subjects. But Jim was truly a unique and impressive guy #GOAT Robbert Dijkgraaf / @rhdijkgraaf : With great sadness I honor the passing of lifelong friend, mentor, and hero Jim Simons. Such a loss for science and humanity. Very few people achieve to be world class in three separate fields: mathematics, finance and philanthropy. Our thoughts are with Marilyn and the family. @stonybrooku : Beloved friend, generous philanthropist, pioneering mathematician, visionary leader, and Stony Brook University's most vocal champion Jim Simons died on May 10 at the age of 86. Learn more about his life of scholarship, leadership, and philanthropy: https://news.stonybrook.edu/ ... [image] @forbes : Billionaire Jim Simons' Last Interview: The Hedge Fund Legend On The Universe, Making Money And Giving It Away https://www.forbes.com/... [image] Bobson Wong / @bobsonwong : I am so sorry to hear about the passing of @MathforAmerica founder Jim Simons. I'm grateful that his generosity has supported the work of me and thousands of other STEM teachers. #MTBoS #ITeachMath #MfAProud https://www.simonsfoundation.org/ ... @cuny : We're sad to learn that @SimonsFdn co-founder and chair emeritus Jim Simons has passed away. His latest efforts to expand access to higher ed included a historic $75 million gift to the University. We send our condolences to Mr. Simons' friends and family. https://www.simonsfoundation.org/ ... @morningbrew : Jim Simons' Medallion Fund is the best to ever do it Returns averaged 66% over 30 years $10,000 invested in 1998 would've grown to $420 million No one else comes close [image] Charles Fisher / @charleskfisher : I remember going to a talk Jim gave at MIT about his work on geometry (e.g., Chern-Simons theory) and all of the questions afterwards were about strategies for trading stocks. Inspirational to have two careers like that... Alex Gurevich / @alex_gurevich : Jim Simons is a legend of legends. His story is beyond inspiring. He did not like the public eye, but had such a massive impact on the world. He was @JavelinVP's biggest supporter and I am grateful that I had a chance to meet and talk with him on many occasions. Beyond his... @the_ias : “Through his passion for and support of innovation and ingenuity, Jim is a beacon, reminding us in real terms of the rewards of following one's curiosity and deepest inquiries.” —IAS Board of Trustees, May 2018 @macrocephalopod : Jim Simons inspired us all to believe that with grit, determination, and a dash of innate talent, it's possible for anyone to live to 86 years old while maintaining a 40 a day chain smoking habit. RIP to a real one. Yann LeCun / @ylecun : Very sad news. My condolences to Marilyn and members of the family. Mike Bloomberg / @mikebloomberg : Jim Simons' brilliant mind made him a legend in finance, but his most important investments came through philanthropy, including all the work he and Marilyn led together through the @SimonsFdn. As founder of @MathforAmerica, a major benefactor for @stonybrooku, a supporter of... [image] Hrant Gharibyan / @qhrant : Saddened by the loss of Jim Simons, a visionary who generously funded my research as a PhD student and post-doc. His support for theoretical physics, from string theory to quantum algorithms, was unparalleled. https://www.nytimes.com/... Janna Levin / @jannalevin : Truly one of the most wonderful people I have ever known. Brilliant, exacting, funny, daring visionary 💔 @apompliano : “Past performance is the best predictor of success.” - Jim Simons RIP to a legend. [image] @nytimes : Jim Simons, the prizewinning mathematician who abandoned a stellar academic career, then plunged into finance — a world he knew nothing about — and became one of the most successful Wall Street investors ever, died on Friday. He was 86. https://www.nytimes.com/... @rhhackett : I was lucky enough to receive a Simons Summer Research Fellowship at Stony Brook when I was a high schooler — a transformative experience. That fellowship enabled me to get a taste of what it's like to be a scientist, in practice, before getting my degree in chemistry. The best... @thetranscript_ : Rest in Peace Jim Simons. Here are 5 principles he lived by that we picked from him in 2022: [image] @simonsinstitute : We mourn the loss of our friend and founding benefactor, Jim Simons. Jim was visionary, brilliant, and generous beyond measure. He has left an indelible mark on our field. [image] @fieldsinstitute : We join the many organizations that have received support from the Simons Foundation in mourning the loss of its co-founder, Jim Simons. Daniel / @mnkedaniel : RIP to one of the best and brightest investors of all time, Jim Simons. Here's a 15-minute video of Simons talking about his life and passion, math. [video] Governor Kathy Hochul / @govkathyhochul : Jim Simons was a visionary leader whose commitment to scientific research and public education in the State of New York enriched the lives of tens of thousands of students. We mourn his loss and send our heartfelt condolences to his wife, Marilyn, and all those who loved him. @qcompounding : Jim Simons just passed away Here's a 4-minute masterclass on how to beat the market: [video] Doris Tsao / @doristsao : This is heartbreaking. Through the entire decade of the Simons Collaboration on the Global Brain that I've been so lucky to be part of, he came to every talk. I wondered where he was at this year's meeting, which ended earlier this week. He stands alone in the olympic magnitude... Frederik Christopher Gieschen / @neckarvalue : Jim Simons's five principles (RIP): “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. Surround yourself with the smartest and best people you possibly can. Let them do their... [video] Chuck Schumer / @senschumer : Jim Simons loved science, understood how it could change the world for the better, and did more to make that happen than just about anybody else. He was a dear friend and mentor. Jim, we love you. We miss you. John Preskill / @preskill : Jim Simons 1938-2024. “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.” And what a life. https://www.nytimes.com/... Brandon Beylo / @marketplunger1 : Wall Street lost a legend today. Rest in peace, Jim Simons. He was a true one-of-one character who built one of the most successful investment firms ever. Here's my favorite Jim Simons lecture. I still learn so much each time I listen. Source: Free Engineering Course on YT [video] Gregory Zuckerman / @gzuckerman : Jim Simons has died at 86. True pioneer. Mathematician. Code breaker for US govt. Quant and investor par excellence. Philanthropist. RIP. @perimeter : Jim Simons, @SimonsFdn Co-founder and Chair Emeritus, passed away at the age of 86. He was an award-winning mathematician, a legend in quantitative investing, and an inspired philanthropist. The Perimeter community shares its condolences with the Simons family. [image] Richard Sever / @cshperspectives : Very saddened to learn of the death of Jim Simons, an inspirational figure with immense contributions to society as a mathematician and philanthropist. Jim was a great friend to Cold Spring Harbor and all our thoughts will be with his wife Marilyn. https://en.wikipedia.org/... Rosalind Picard / @rosalindpicard : We have lost a great man and @mit alum, Jim Simons. Jim was generous to #autism research, to mathematics, and to all of us when we had the privilege of sharing our ideas and work with him. His eyes would close as he listened... and we would worry. Then, he would ask a great... @morningbrew : RIP to Jim Simons, the GOAT of investing “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.” Forever changed the game [image] Michael Hartl / @mhartl : This is indeed sad news. I just posted yesterday about working with the Simons Laufer Mathematical Sciences Institute on its @TauDay fundraiser. Jim Simons was the “Simons” in question—a truly remarkable figure, spectacularly successful as both mathematician and investor. Alex Tabarrok / @atabarrok : Absolute legend. Major contributions to mathematics and physics and then “the most successful hedge fund manager of all time”. https://www.simonsfoundation.org/ ... Dr. Coleen Murphy / @ctmurphy1 : Jim Simons was so generous and forward-thinking, and he and Marilyn built the @SimonsFdn to be the fantastic organization that it is. I'm grateful to have had the opportunity to work with him, and sad to hear of his passing. @business : Jim Simons, the mathematician-investor who created what many in finance consider the world's greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. https://www.bloomberg.com/... Jonathan Ullman / @thejonullman : Very sad to hear of Jim Simon's passing. Everyone knows about his philanthropy, but I had the opportunity to have dinner with him wkly as part of the Simons Society of Fellows. I remember how he made us all feel important and asked really sharp questions about every topic. @simonsfdn : It is with great sadness that the Simons Foundation announces the death of its co-founder and chair emeritus, James Harris Simons. Jim was an award-winning mathematician, a legendary investor and a generous philanthropist. https://www.simonsfoundation.org/ ... [image] Martin Shkreli / @martinshkreli : RIP to the nicest, most generous master of the universe there ever was. Jim Simons was a class act, through and through. He had a deep passion for math and science education which changed the world. For anyone who needs a role model to emulate, look no further. We lose a giant,... Matthew Herper / @matthewherper : Jim Simons had a huge, positive impact on science. And was, by all accounts, quite a character. Sad news. Ray Dalio / @raydalio : Jim Simons was the greatest—an unbelievably great investor, philanthropist, and man of character. I and all who knew him will miss him. Nancy Pelosi / @speakerpelosi : Jim Simons was an extraordinary mathematical mind and impactful philanthropist, who devoted his life to expanding our understanding of the world around us and solving our most complex challenges. His sad passing is a tremendous loss for science, for America and for the world. Andrew Lokenauth / @fluentinfinance : RIP to Jim Simons, the man who beat the market. How good was Jim Simons? If you invested $1,000 into his Medallion Fund in 1988, you'd have $42 Million today. His Medallion Fund returned 66% per year, over 30 years, making him the best hedge fund manager of all time. No one... [image] @moorefound : We share our condolences with the @SimonsFdn on the passing of their co-founder Jim Simons. Jim excelled and pioneered in every field he entered. He paved the way in mathematics, revolutionized the investment world, and set the pace for science philanthropy. Patrick Meade / @theory_dad : He truly transformed @stonybrooku in a way that I'm not sure if any other single person has done as much for a major university LinkedIn: Kevin Parker : A true legend. The real deal. Our prop group at Morgan Stanley helped Jim launch what ultimately became Rentech. He was our largest client at Deutsche Bank Equities. … Forums: Hacker News : Jim Simons has died
Jim Simons, a giant in finance, just passed away. Obits will focus on that success. But Jim and his wife Marilyn have also been giants in the still emerging field of autism neuroscience research. Prior to 2006, the amount of funded global autism science research was a rounding…
It is with profound sorrow that I share that our dear friend and cherished member of the Stony Brook community Jim Simons passed away this morning. From his role as chairman of the math department, to his years of leadership on the Stony Brook Foundation Board of Trustees, to hi…
- He developed the Chern-Simons form with Shiing-Shen Chern and contributed to the development of string theory. - He founded the Simons Foundation with his wife in 1994 to support research in mathematics and fundamental sciences. - He was awarded honorary doctorates by York Un…
Every day the market teaches me something new about its mechanics and the people who learned to understand them. Here are some interesting facts about Jim Simons ¹: - Jim Simons was a mathematician and philanthropist who founded Renaissance Technologies, a quantitative hedge fun…
Jim Simons, the billionaire investor, mathematician and philanthropist, died on Friday in New York City, according to his foundation, the Simons Foundation. Simons was 86 years old. Simons, the founder of the hedge fund Renaissance Technologies, helped to pioneer quantitative i…
The power level on this photo is off the charts. Look at Jim Simons. Perfect green lines. In his peacoat bathrobe. Doesn't care about where he's going, they'll just take him where he needs to be. Thinking about math. Cig in mouth. Vibed out. Drip on deck. Moisturized. Unbothered.…
Jim Simons was considered the most successful money maker in the history of modern finance. Since 1988, his flagship Medallion fund has generated average annual returns of 66% before charging hefty investor fees—39% after fees—racking up trading gains of more than $100 billion...…
The first time I heard about Jim Simons was as Chern-Simons in John Baez' book “Gauge Fields, Knots and Gravity” and I remember being surprised when I picked up “The Physics of Wall Street” at Strand's that he seemed to have a non-physics life.. and what a life it was!
We relistened to the full Jim Simons' interview from 2022 with @NicolaiTang1 & co and here are a few nuggets more nuggets we picked: 1. On his journey from academia to making money and then to giving it away: [video]
Jim Simons, the man who solved the market and so much more, has died at 86. Special guy, great sense of humor, cared about others and beat the odds in so many ways. RIP. https://www.wsj.com/...
One (of many) reasons Jim Simons was reluctant to speak w/me was he hoped to write his own book someday. Sad it never came to fruition but he leaves such a rich legacy. As a reporter you're not supposed to admire your subjects. But Jim was truly a unique and impressive guy #GOAT
With great sadness I honor the passing of lifelong friend, mentor, and hero Jim Simons. Such a loss for science and humanity. Very few people achieve to be world class in three separate fields: mathematics, finance and philanthropy. Our thoughts are with Marilyn and the family.
Beloved friend, generous philanthropist, pioneering mathematician, visionary leader, and Stony Brook University's most vocal champion Jim Simons died on May 10 at the age of 86. Learn more about his life of scholarship, leadership, and philanthropy: https://news.stonybrook.edu/ .…
I am so sorry to hear about the passing of @MathforAmerica founder Jim Simons. I'm grateful that his generosity has supported the work of me and thousands of other STEM teachers. #MTBoS #ITeachMath #MfAProud https://www.simonsfoundation.org/ ...
We're sad to learn that @SimonsFdn co-founder and chair emeritus Jim Simons has passed away. His latest efforts to expand access to higher ed included a historic $75 million gift to the University. We send our condolences to Mr. Simons' friends and family. https://www.simonsfound…
Jim Simons' Medallion Fund is the best to ever do it Returns averaged 66% over 30 years $10,000 invested in 1998 would've grown to $420 million No one else comes close [image]
I remember going to a talk Jim gave at MIT about his work on geometry (e.g., Chern-Simons theory) and all of the questions afterwards were about strategies for trading stocks. Inspirational to have two careers like that...
Jim Simons is a legend of legends. His story is beyond inspiring. He did not like the public eye, but had such a massive impact on the world. He was @JavelinVP's biggest supporter and I am grateful that I had a chance to meet and talk with him on many occasions. Beyond his...
“Through his passion for and support of innovation and ingenuity, Jim is a beacon, reminding us in real terms of the rewards of following one's curiosity and deepest inquiries.” —IAS Board of Trustees, May 2018
Jim Simons inspired us all to believe that with grit, determination, and a dash of innate talent, it's possible for anyone to live to 86 years old while maintaining a 40 a day chain smoking habit. RIP to a real one.
Jim Simons' brilliant mind made him a legend in finance, but his most important investments came through philanthropy, including all the work he and Marilyn led together through the @SimonsFdn. As founder of @MathforAmerica, a major benefactor for @stonybrooku, a supporter of... …
Saddened by the loss of Jim Simons, a visionary who generously funded my research as a PhD student and post-doc. His support for theoretical physics, from string theory to quantum algorithms, was unparalleled. https://www.nytimes.com/...
Jim Simons, the prizewinning mathematician who abandoned a stellar academic career, then plunged into finance — a world he knew nothing about — and became one of the most successful Wall Street investors ever, died on Friday. He was 86. https://www.nytimes.com/...
I was lucky enough to receive a Simons Summer Research Fellowship at Stony Brook when I was a high schooler — a transformative experience. That fellowship enabled me to get a taste of what it's like to be a scientist, in practice, before getting my degree in chemistry. The best..…
We mourn the loss of our friend and founding benefactor, Jim Simons. Jim was visionary, brilliant, and generous beyond measure. He has left an indelible mark on our field. [image]
RIP to one of the best and brightest investors of all time, Jim Simons. Here's a 15-minute video of Simons talking about his life and passion, math. [video]
Jim Simons was a visionary leader whose commitment to scientific research and public education in the State of New York enriched the lives of tens of thousands of students. We mourn his loss and send our heartfelt condolences to his wife, Marilyn, and all those who loved him.
This is heartbreaking. Through the entire decade of the Simons Collaboration on the Global Brain that I've been so lucky to be part of, he came to every talk. I wondered where he was at this year's meeting, which ended earlier this week. He stands alone in the olympic magnitude..…
Jim Simons's five principles (RIP): “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. Surround yourself with the smartest and best people you possibly can. Let them do their... …
Jim Simons loved science, understood how it could change the world for the better, and did more to make that happen than just about anybody else. He was a dear friend and mentor. Jim, we love you. We miss you.
Jim Simons 1938-2024. “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.” And what a life. https://www.nytimes.com/...
Wall Street lost a legend today. Rest in peace, Jim Simons. He was a true one-of-one character who built one of the most successful investment firms ever. Here's my favorite Jim Simons lecture. I still learn so much each time I listen. Source: Free Engineering Course on YT [video…
Jim Simons, @SimonsFdn Co-founder and Chair Emeritus, passed away at the age of 86. He was an award-winning mathematician, a legend in quantitative investing, and an inspired philanthropist. The Perimeter community shares its condolences with the Simons family. [image]
Very saddened to learn of the death of Jim Simons, an inspirational figure with immense contributions to society as a mathematician and philanthropist. Jim was a great friend to Cold Spring Harbor and all our thoughts will be with his wife Marilyn. https://en.wikipedia.org/...
We have lost a great man and @mit alum, Jim Simons. Jim was generous to #autism research, to mathematics, and to all of us when we had the privilege of sharing our ideas and work with him. His eyes would close as he listened... and we would worry. Then, he would ask a great...
RIP to Jim Simons, the GOAT of investing “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.” Forever changed the game [image]
This is indeed sad news. I just posted yesterday about working with the Simons Laufer Mathematical Sciences Institute on its @TauDay fundraiser. Jim Simons was the “Simons” in question—a truly remarkable figure, spectacularly successful as both mathematician and investor.
Absolute legend. Major contributions to mathematics and physics and then “the most successful hedge fund manager of all time”. https://www.simonsfoundation.org/ ...
Jim Simons was so generous and forward-thinking, and he and Marilyn built the @SimonsFdn to be the fantastic organization that it is. I'm grateful to have had the opportunity to work with him, and sad to hear of his passing.
Jim Simons, the mathematician-investor who created what many in finance consider the world's greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. https://www.bloomberg.com/...
Very sad to hear of Jim Simon's passing. Everyone knows about his philanthropy, but I had the opportunity to have dinner with him wkly as part of the Simons Society of Fellows. I remember how he made us all feel important and asked really sharp questions about every topic.
It is with great sadness that the Simons Foundation announces the death of its co-founder and chair emeritus, James Harris Simons. Jim was an award-winning mathematician, a legendary investor and a generous philanthropist. https://www.simonsfoundation.org/ ... [image]
RIP to the nicest, most generous master of the universe there ever was. Jim Simons was a class act, through and through. He had a deep passion for math and science education which changed the world. For anyone who needs a role model to emulate, look no further. We lose a giant,..…
Jim Simons was an extraordinary mathematical mind and impactful philanthropist, who devoted his life to expanding our understanding of the world around us and solving our most complex challenges. His sad passing is a tremendous loss for science, for America and for the world.
RIP to Jim Simons, the man who beat the market. How good was Jim Simons? If you invested $1,000 into his Medallion Fund in 1988, you'd have $42 Million today. His Medallion Fund returned 66% per year, over 30 years, making him the best hedge fund manager of all time. No one... [i…
We share our condolences with the @SimonsFdn on the passing of their co-founder Jim Simons. Jim excelled and pioneered in every field he entered. He paved the way in mathematics, revolutionized the investment world, and set the pace for science philanthropy.