Legendary ‘quant king’ Jim Simons, architect of billion-dollar algorithms, dies at 86

Legendary ‘quant king’ Jim Simons, architect of billion-dollar algorithms, dies at 86

Jim Simons, the legendary mathematician-investor, revolutionized quantitative trading with his groundbreaking algorithms.
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Jim Simons, the legendary mathematician-investor, founded Renaissance Technologies and revolutionized quantitative trading with his groundbreaking algorithms. His firm's Medallion fund consistently outperformed markets, earning him billions and a reputation as the Quant King. Beyond finance, Simons' philanthropic efforts through the Simons Foundation and initiatives like Math for America showcase his commitment to supporting mathematics, science, and education.

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