20 days ago

Follow 👉 @financial_visualholic for daily investing related infographics. Jim Simons had one of the best track records in history by building quantitative models and algorithms for high-frequency trading (HFT) along with hiring some of the smartest mathematicians, statisticians, physicists, and even astronomers. Also known to be a management wiz, he hired people atypical to what Wall Street was searching for. At its peak, RenTec was executing between 150,000 to 300,000 orders a day. His Medallion Fund at RenTec achieved an astonishing 66% annual average return over a 30 year period without a single losing year. That means if you would have invested $1,000 with Jim at the start of the fund’s inception, you’d have nearly $20,000,000 today after his 5% management fee and 44% performance fee. Here’s the top holdings and weighting at Renaissance according to their most recent filing: $NVO - 2.22% $UBER - 1.32% $NVDA - 1.19% $PLTR - 1.16% $META - 1.15% $AMZN - 1.01% $VRTX - 1.00% $TSLA - 0.98% $VRSN - 0.97% $ABNB - 0.91% Do you share any #stock holdings with Simons? Follow @alerts for daily #investing & #finance related posts ✅ DM for removal request. No copyright intended. This post is for informational purpose, non-commercial use only. All rights and credits reserved to the respective owner. This content is for educational purposes only. #stocks #stocksforbeginners #billionaire #entrepreneurship #bitcoin #buffett #nvidia #cryptocurrency #wallstreet #personalfinance #btc #elonmusk #crypto #AI #msft #finance #investments #invest #investing101 #investor #realestate #cryptocurrency #investors #Blackrock #vanguard #hedgefund