Jun 4, 2020
In the world of finance, many of you have heard of Warren Buffett, Peter Lynch, Ray Dalio, Steve Cohen, or George Soros. They are legendary. But what would you think if I tell you that there is one secretive hedge fund manager who blows all of those legendary investors out of the water? The name if the investor is Jim Simons.
To put things into perspective Warren Buffett's average rate of return is about 20% per year. Well, Jim Simon's average rate of return is about 60% per year (after fees).
To tell us more, Gregory Zuckerman, an investigative journalist from the Wall Stree Journal, wrote the book "How Jim Simons Solved the Market."