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๐ข The Greatest Trader of All Time: Jim Simons ๐ฐ๐
No one made more money in trading than Jim Simons.
โ Not Warren Buffett
โ Not George Soros
โ Not Ray Dalio
His hedge fund, Renaissance Technologies' Medallion Fund, was so powerful that he had to shut it down to outside investors and keep the profits for himself and his team!
๐ฐ Unmatched Performance:
โ $100 invested in 1988 would have grown to $400 million in 30 years! ๐
โ Medallion Fund delivered 66% average annual returns before fees and 39% after fees โ far higher than Buffett's 20% or Soros' 30%!
โ The fund used quantitative algorithms and machine learning before anyone else.
๐ Why Was Simons Different?
๐ A former math professor and codebreaker, he applied advanced data science and pattern recognition to trading.
๐ Unlike traditional investors, he focused on statistical anomalies and quant-driven models rather than fundamental analysis.
๐ His fund was so secretive that even employees didnโt fully understand how all the models worked together!
๐ฅ A True Legend in Trading! Who do you think comes close to his level? Let me know below! โฌ๏ธ
๐ This is just my opinionโalways DYOR!
#JimSimons #TradingLegend #RenaissanceTech #MedallionFund #HedgeFunds ๐
No one made more money in trading than Jim Simons.
โ Not Warren Buffett
โ Not George Soros
โ Not Ray Dalio
His hedge fund, Renaissance Technologies' Medallion Fund, was so powerful that he had to shut it down to outside investors and keep the profits for himself and his team!
๐ฐ Unmatched Performance:
โ $100 invested in 1988 would have grown to $400 million in 30 years! ๐
โ Medallion Fund delivered 66% average annual returns before fees and 39% after fees โ far higher than Buffett's 20% or Soros' 30%!
โ The fund used quantitative algorithms and machine learning before anyone else.
๐ Why Was Simons Different?
๐ A former math professor and codebreaker, he applied advanced data science and pattern recognition to trading.
๐ Unlike traditional investors, he focused on statistical anomalies and quant-driven models rather than fundamental analysis.
๐ His fund was so secretive that even employees didnโt fully understand how all the models worked together!
๐ฅ A True Legend in Trading! Who do you think comes close to his level? Let me know below! โฌ๏ธ
๐ This is just my opinionโalways DYOR!
#JimSimons #TradingLegend #RenaissanceTech #MedallionFund #HedgeFunds ๐
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