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Jim Simons13F | |
Renaissance Technologies LLC | |
Last update 2023-08-11 | 3864 Stocks (544 new) |
Value $69.39 Bil | Turnover 20 % |
Portfolio Report |
Jim Simons Investing Philosophy
For decades, Simons Renaissance Technologies hedge funds, which trade in markets around the world, have employed complex mathematical models to analyze and execute trades, many of them automated. Renaissance uses computer-based models to predict price changes in easily-traded financial instruments. These models are based on analyzing as much data as can be gathered, then looking for non-random movements to make predictions.
"The advantage scientists bring into the game is less their mathematical or computational skills than their ability to think scientifically. They are less likely to accept an apparent winning strategy that might be a mere statistical fluke."
"The advantage scientists bring into the game is less their mathematical or computational skills than their ability to think scientifically. They are less likely to accept an apparent winning strategy that might be a mere statistical fluke."
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