Inside a Moneymaking Machine Like No Other

That’s because the area’s wealthiest residents, scientists all, work for the quantitative hedge fund Renaissance Technologies, based in nearby East Setauket. They are the creators and overseers of the Medallion Fund—perhaps the world’s greatest moneymaking machine. Medallion is open only to Renaissance’s roughly 300 employees, about 90 of whom are Ph.D.s, as well as a…

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Jim Simons Story

As the average investor or trader who the worlds best investor/trader is and chances are the name Warren Buffett will be thrown around liberally. Unfortunately, like most things the masses believe they are wrong. The best I know of in in this field is Jim Simons who has a truly remarkable public record. The two…

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