Jim Simons, legendary mathematician and the 'man who solved the market' has passed away

[zephyrus]

Simons Foundation Co-Founder, Mathematician and Investor Jim Simons Dies at 86

Simons Foundation Co-Founder, Mathematician and Investor Jim Simons Dies at 86 on Simons Foundation

www.simonsfoundation.org

 

[Andy Nguyen]

Really sad to hear this. May he rest in peace.
He is really a legend and his generosity benefits people in many ways.

 

[Andy Nguyen]

There is a really good book on him which I strongly recommend

The Man Who Solved the Market: How Jim Simons Launched the Quant Revolution​

The NYTimes did a nice piece on his life and how he came about revolutionizing the quant trading as we know it today.

Jim Simons, Math Genius Who Conquered Wall Street, Dies at 86

Using advanced computers, he went from M.I.T. professor to multibillionaire. His Medallion fund had 66 percent average annual returns for decades.

www.nytimes.com