Jim Simons Archives - New Trader U

The Insane Story of the Greatest Trader of All Time

As a kid Jim Simons loved solving math problems, it was his passion. He thrived in school and went on to the best colleges as both a student and late a professor. His dream life was coffee, cigarettes, and math. He received a bachelor’s degree in mathematics from the Massachusetts Institute of Technology (MIT) in […]

$28 Billion Day Trader that Even Warren Buffett Acknowledges

Day Trading, Jim Simons / Steve Burns

During Berkshire-Hathaway’s 2021 annual shareholders meeting they were asked by Becky Quick: “What do you think of quants?” “Jim Simons Medallion Fund has done +39% net of fees for three decades, which proves that it works.” Warren Buffett’s response: “But they were very smart.” Charlie Munger: “Yes, they got very rich. And very high grade

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