The mathematician who cracked Wall Street | Jim Simons
TED・2 minutes read
Jim Simons, a mathematical prodigy, transitioned from NSA code-breaking to becoming a successful mathematician and financial trader, leveraging math and data analysis to achieve remarkable returns. Simons' philanthropic work focuses on supporting math and science education, celebrating good teachers, and exploring the origins of life beyond Earth.
Insights
- Jim Simons transitioned from a successful mathematical career to the financial industry, where he utilized predictive models based on data analysis to achieve remarkable returns with low volatility by assembling a team of mathematicians.
- Simons' philanthropic efforts focus on supporting math and science education, particularly through Math for America, aiming to celebrate and uplift good teachers while also supporting research into the origins of life, showcasing a deep interest in understanding life's beginnings and the significance of math and science in personal and philanthropic pursuits.
Get key ideas from YouTube videos. It’s free
Recent questions
Who is Jim Simons?
A mathematician turned successful hedge fund manager.
What are Chern-Simons invariants?
Mathematical concepts with applications in physics.
How did Jim Simons achieve remarkable returns?
By utilizing predictive models based on data analysis.
What is the fee structure of hedge funds?
Typically a two percent fixed fee and 20 percent of profits.
What is the focus of Jim Simons' philanthropic work?
Supporting math and science education.
Related videos
San Francisco State University
James H. Simons: Mathematics, Common Sense and Good Luck
hamsterpoop
James Simons - Mathematics, Common Sense, and Good Luck: My Life and Careers
Newsthink
How a Mathematician Became the Greatest Trader of All Time
The Abel Prize
Jim Simons: A Short Story of My Life and Mathematics (2022)
Numberphile2
James Simons (full length interview) - Numberphile