/sci/ - Science & Math

>>15169036
Connections, market manipulation and insider trading, like the rest of them.

He understands the implications of cutting edge theories and research better than financebrahs because highly educated.

>>15169036
He got in early and built a great team of smart people around him.

Also, wouldn’t you have still been better off putting your money in an index fund than his hedge funds?

>>15169044
>like the rest of them.
Even though no one even compares to him? Okay, sure, bud.

>>15169051
The ones open to the public, yeah.
There's hardly a better place to put your money than the medallion fund though.

>>15169036
He basically does the dirty stuff everyone else does turned up to eleven. Gets away because he's le Math wizard so that 'explains' away his success.

>>15169036
A jew or someone close to jews

>>15169044
Don't forget sheer dumb luck. Everybody thinks the guy who rolls sevens is a genius

>>15169036
>Simons doesn't wear socks.[48][49][50]
I seem to recall Einstein also notoriously hated wearing socks. Coincidence?

>>15169036
I used to think Simons was actually doing all this amazing stuff until I saw a comparison of the Medallion fund (only open to RenTech employees) with the investor fund.
Now I think there's been something shady going on.

>>15169044
he is jewish, jews steal everything and then they make up stories about how their wealth an influence isn't stolen. op is jew too

>>15169051
It depends. The medallion fund, which is now closed off from the public, has an average annual return rate of 40% whereas an index fund does somewhere between 7-12%.

>>15169064
>Gets away because he's jewish and jews run the corrupt justice system and the corrupt courts.

>>15169044
this. the market is completely rigged. don't get fooled. you can still make money trading if you can get a fell for what the riggers are doing though.

>>15169036
His fund is private and you cant actually see the returns, so just assume its a lie.
Its also a limited fund, it isnt hard to get high returns if you find a niche position and pretend all past failures dont count and you dont concern with growth.
For example, a hot dog cart at a good location pays for itself in two months. So you can 5X your money in a year, but its a one-time trick, you cant just get 5 hot dog carts at the same place next year and expect to also 5X your money.
Then consider than to find that good location you had to try with hot dog carts in 20 places that failed until you found the good location, people would only see your success story as if all the past losses never happened. This BTW is why stock market indexes are a lie since they kick out failed companies, the returns always look high when you only count the winners.
But regardless, nothing you hear about a private fund will be true.

>>15169365
the medallion fund might actually return over 100% a year
also jim killed his fucking sons

>>15169044
noooo you dont get it he's different!

>>15170345
This is the sort of bullshit i was talking about. These numbers are pure lies. They can report whatever they want.
If you disagree them post their actual list of investments and their history. Oh you dont know because its private but google parroted you a number self reported by Jim Simmons?

>>15169059
just like Lance Armstrong was considered the best cyclist. everyone there is doping - he was just the besgt among the roiders. these barries of entry exist everywhere and of course those who make it don't talk about it. look at Armstrong: he admited to cheating and was the bad guy, never mind everyone does it

>>15170345
>jim killed his fucking sons
what did you mean by this

>>15170386
Armstrong was only a little better than the other top guys.
Simons isn't even in the same league as the others.

>>15170397
paul and nick were retarded east asian prostitute and drug addicted brats so jim had them killed
why do you think nat shaped up his act and followed in his daddy's footsteps? he didn't want to have an "accident". everyone who knows or worked with jim is aware of this. totally open secret.