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R.I.P Jim Simons (Rennaissance Technologies)
Posted: Tue May 14, 2024 6:21 pm
by ionone
With the Medallion fund, he reached 39% yearly since 1988 with only one year in loss
https://edition.cnn.com/2024/05/10/busi ... index.html
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Tue May 14, 2024 7:10 pm
by moey_dw
Rest in piece to my niece, elise!
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Tue May 14, 2024 7:22 pm
by boytoy
Rest in peace to the most stingy trader in history aka quant king who safe guarded his system and never shared. His strategy was just a glorified moving average crossover
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Tue May 14, 2024 8:10 pm
by ionone
boytoy wrote: Tue May 14, 2024 7:22 pm
Rest in peace to the most stingy trader in history aka quant king who safe guarded his system and never shared. His strategy was just a glorified moving average crossover
Jim-Simons-at-MSRI-by-David-Eisen.2e16d0ba.fill-1200x600.jpg
ain't that Markov chains on the board tho ?
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Wed May 15, 2024 12:51 am
by WOLF
I never understood whats so great about a hedge fund
When you can just martingale hedge to infinity with enough funds and stable market volatility
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Wed May 15, 2024 1:35 am
by JohnnyRy
WOLF wrote: Wed May 15, 2024 12:51 am
I never understood whats so great about a hedge fund
When you can just martingale hedge to infinity with enough funds and stable market volatility
Ooh, bad retail worker bee! We are supposed to feed the queen.
NOT!
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Wed May 15, 2024 4:29 am
by Meyney
Indeed a big loss may he rest in peace. First of all Jim Simons was a great mathematician, he was able to connect physics with math, a breakthrough. He donated big for Math. Coincidentally I was at Stony Brook last year, had some chat with math guys, I do not think his strategy was about MA crosses.
Re: R.I.P Jim Simons (Rennaissance Technologies)
Posted: Wed May 15, 2024 4:40 am
by JohnnyRy
Meyney wrote: Wed May 15, 2024 4:29 am
Indeed a big loss may he rest in peace. First of all Jim Simons was a great mathematician, he was able to connect physics with math, a breakthrough. He donated big for Math. Coincidentally I was at Stony Brook last year, had some chat with math guys, I do not think his strategy was about MA crosses.
As a retail trader, I did something similar. I used an overseas biotech engineer's semi log math to code a semi log chart oscillator for MT5.
