Jim simons:

Jim Simons , a math professor turned hedge fund founder who pioneered investing with automated quantitative models and used his riches to become one of America’s leading philanthropists, died Friday at age 86 at his home in Manhattan, his foundation announced. Hedge fund manager Jim Simons was the first and most successful to turn investing into a science using quantitative computer models. Bill Cramer/Common History Simons was a mathematical genius who chaired the math department at Stony ... James Harris Simons (April 25, 1938 – May 10, 2024) was an American hedge fund manager, mathematician, and philanthropist. He was the founder of Renaissance Technologies, a quantitative hedge fund based in East Setauket, New York. Simons was a mathematician who founded Renaissance Technologies, the most successful quantitative hedge fund of all time, with annual returns of 66% between 1988 and 2018. He also made major contributions to math and science research through his Simons Foundation and his codebreaking work for U.S. intelligence.