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He wrote the algorithms that made Renaissance Technologies billions. They pushed him out of the most successful hedge fund in history, and in 25 years not one colleague ever called. His team feared him. Called him a monster. > He threw monitors over his own mistakes. > He made... show more

zostaff

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Jim Simons, the founder of Renaissance, used to break Soviet codes at a classified defense institute under the Pentagon. Then he wrote a letter to the New York Times against the Vietnam War. His boss called a general, and Simons was fired the same day. He left and built Medallion. The best performing fund in Wall Street history. In 1988 he made the decision that changed everything: trade by the models only. Blindly. No matter what you think in the moment.

Jim Simons, the founder of Renaissance, used to break Soviet codes at a classified defense institute under the Pentagon. Then he wrote a letter to the New York Times against the Vietnam War. His boss called a general, and Simons was fired the same day. He left and built Medallion. The best performing fund in Wall Street history. In 1988 he made the decision that changed everything: trade by the models only. Blindly. No matter what you think in the moment.

zostaff

24,884 Aufrufe • vor 2 Monaten

My father had Social Security in the amount of about $300. He would not have called if he did not get his check. He had dementia. But the people who take care of him would have called because it made the difference of him keeping a roof over his head. Sen. Stewart-Cousins

My father had Social Security in the amount of about $300. He would not have called if he did not get his check. He had dementia. But the people who take care of him would have called because it made the difference of him keeping a roof over his head. Sen. Stewart-Cousins

Social Security Works ❌👑

358,265 Aufrufe • vor 1 Jahr

Bill Perkins went from a nobody to running his own hedge fund. He started on the exchange floor as a clerk's trainee in 1991. Bad grades, cut from the football team, an electrical engineering degree. Today he runs a 500 million dollar energy hedge fund. And plays poker at a professional level on the side. He was once fired from his own friend's fund. He once came close to going to zero. WSJ asks him about the strategy he calls the lazy guy strategy.

Bill Perkins went from a nobody to running his own hedge fund. He started on the exchange floor as a clerk's trainee in 1991. Bad grades, cut from the football team, an electrical engineering degree. Today he runs a 500 million dollar energy hedge fund. And plays poker at a professional level on the side. He was once fired from his own friend's fund. He once came close to going to zero. WSJ asks him about the strategy he calls the lazy guy strategy.

zostaff

143,016 Aufrufe • vor 2 Monaten

jisoo’s brother was in the military, he wrote jisoo a letter and she sent him one back saying all the grammar mistakes he made in the letter.. he never wrote to her again. 😭

jisoo’s brother was in the military, he wrote jisoo a letter and she sent him one back saying all the grammar mistakes he made in the letter.. he never wrote to her again. 😭

gi

103,040 Aufrufe • vor 1 Jahr

They called him a traitor to his class. Born into one of the wealthiest families in England. He turned against the system that made him rich. His wallpaper is probably in your house right now. His name was William Morris. Born 1834. He looked at what factories were doing to Britain. Cheap goods. Ugly homes. Exhausted workers. And he said: this is wrong. So he carved printing blocks from pear wood by hand. Mixed natural dyes from plants. Printed wallpaper one sheet at a time. Strawberry Thief. Willow. Acanthus. Still sold today. Over 160 years later. But there was a problem he couldn't solve. Handmade things cost more than factory things. The workers he made them for couldn't afford them. Only the rich could buy what he built for the poor. He knew it. It tortured him. So he went further. He chose to fight for working people. Gave over a thousand speeches in seven years. Published penny pamphlets so workers could afford his ideas. His own class called him a traitor. They considered making him poet laureate. Then decided he was too dangerous. In 1885 police charged a workers' rally in East London. Morris was in the crowd. They arrested him. He went straight back to the streets. He said something that still holds true: "Have nothing in your houses that you do not know to be useful, or believe to be beautiful." He died in 1896. His doctor had one explanation: he had done more work than most ten men. They carried his coffin on a cart with wildflowers. Unpolished oak. No gold. No marble. Just honest wood. You probably have one of his designs in your home right now. But they never told you who made it. Or that he was arrested for what he believed. His designs are in millions of homes. His story should be too: Be part of us. Be Proud Of Us 🇬🇧

They called him a traitor to his class. Born into one of the wealthiest families in England. He turned against the system that made him rich. His wallpaper is probably in your house right now. His name was William Morris. Born 1834. He looked at what factories were doing to Britain. Cheap goods. Ugly homes. Exhausted workers. And he said: this is wrong. So he carved printing blocks from pear wood by hand. Mixed natural dyes from plants. Printed wallpaper one sheet at a time. Strawberry Thief. Willow. Acanthus. Still sold today. Over 160 years later. But there was a problem he couldn't solve. Handmade things cost more than factory things. The workers he made them for couldn't afford them. Only the rich could buy what he built for the poor. He knew it. It tortured him. So he went further. He chose to fight for working people. Gave over a thousand speeches in seven years. Published penny pamphlets so workers could afford his ideas. His own class called him a traitor. They considered making him poet laureate. Then decided he was too dangerous. In 1885 police charged a workers' rally in East London. Morris was in the crowd. They arrested him. He went straight back to the streets. He said something that still holds true: "Have nothing in your houses that you do not know to be useful, or believe to be beautiful." He died in 1896. His doctor had one explanation: he had done more work than most ten men. They carried his coffin on a cart with wildflowers. Unpolished oak. No gold. No marble. Just honest wood. You probably have one of his designs in your home right now. But they never told you who made it. Or that he was arrested for what he believed. His designs are in millions of homes. His story should be too: Be part of us. Be Proud Of Us 🇬🇧

Proudofus.uk

58,887 Aufrufe • vor 6 Monaten

Babul Supriyo would've been rewarded first thing today in BJP, of the two seats, he had won the 2014— Asansol. He was close with BJP's top level decision makers. He ruined his own political career in search for early rewards. He confirmed nobody in BJP has called him to join & knows BJP won't want him back either. His own actions has made him one of the most hated ones in the RW ecosystem.

Babul Supriyo would've been rewarded first thing today in BJP, of the two seats, he had won the 2014— Asansol. He was close with BJP's top level decision makers. He ruined his own political career in search for early rewards. He confirmed nobody in BJP has called him to join & knows BJP won't want him back either. His own actions has made him one of the most hated ones in the RW ecosystem.

Sudhanidhi Bandyopadhyay

489,774 Aufrufe • vor 3 Monaten

This painting shows the most heartbreaking reunion in all of literature. To understand it, you have to know who the dog is... His name is Argos, and he belongs to Ulysses, the Greek hero also known as Odysseus. Before Ulysses sailed away to fight in the Trojan War, he had raised Argos from a puppy, a fast and beautiful hunting dog. Then the war called, and Ulysses left. He would not come home for twenty years. When Ulysses finally set foot on his own island again, he came in disguise, dressed as a beggar, so that no one would know him. His house was full of men trying to steal his wife and his kingdom. To survive, he had to remain a stranger in his own home. No one recognized him. Not his loyal servants. Not the people who had known him all his life. But lying in the dirt by the gate, old and forgotten, covered in ticks, too weak to stand, was a dog. Argos had waited twenty years. And the moment he saw him, he knew. He was the only one. Nearly blind, half dead, he lifted his head and pricked up his ears, and he wagged his tail for the master he had never stopped waiting for. Ulysses saw him. And because he was in disguise, surrounded by enemies, he could not run to him, could not kneel down, could not say his name. He could only look at his old friend and, turning his face away so no one would see, let a single tear fall. And then, in Homer's own words, "the dark shadow of death closed down on Argos' eyes, the instant he had seen Odysseus, twenty years away." He had held on to life for one reason only: he was waiting to see him come home. And the moment he did, he could finally let go... It is such a beautiful painting, and the look on that dog's face is so universal, so instantly understood by anyone who has ever loved and waited, that it is enough to bring a grown man to tears.

This painting shows the most heartbreaking reunion in all of literature. To understand it, you have to know who the dog is... His name is Argos, and he belongs to Ulysses, the Greek hero also known as Odysseus. Before Ulysses sailed away to fight in the Trojan War, he had raised Argos from a puppy, a fast and beautiful hunting dog. Then the war called, and Ulysses left. He would not come home for twenty years. When Ulysses finally set foot on his own island again, he came in disguise, dressed as a beggar, so that no one would know him. His house was full of men trying to steal his wife and his kingdom. To survive, he had to remain a stranger in his own home. No one recognized him. Not his loyal servants. Not the people who had known him all his life. But lying in the dirt by the gate, old and forgotten, covered in ticks, too weak to stand, was a dog. Argos had waited twenty years. And the moment he saw him, he knew. He was the only one. Nearly blind, half dead, he lifted his head and pricked up his ears, and he wagged his tail for the master he had never stopped waiting for. Ulysses saw him. And because he was in disguise, surrounded by enemies, he could not run to him, could not kneel down, could not say his name. He could only look at his old friend and, turning his face away so no one would see, let a single tear fall. And then, in Homer's own words, "the dark shadow of death closed down on Argos' eyes, the instant he had seen Odysseus, twenty years away." He had held on to life for one reason only: he was waiting to see him come home. And the moment he did, he could finally let go... It is such a beautiful painting, and the look on that dog's face is so universal, so instantly understood by anyone who has ever loved and waited, that it is enough to bring a grown man to tears.

James Lucas

107,222 Aufrufe • vor 1 Monat

A Young JFK wrote about his fascination with Hitler in his diary. “He had in him the stuff of which legends are made.”

A Young JFK wrote about his fascination with Hitler in his diary. “He had in him the stuff of which legends are made.”

FreeThinkerFitness

32,943 Aufrufe • vor 2 Jahren

ClarenceNyc speaks on DDG advising him to post on Snapchat , which helped him gain the most money he has ever made & he brought a Maybach with that check all because he listened to DDG❤️‍🔥 “when ddg called me to do this & this , I seen the most money l’ve ever made in my life”

ClarenceNyc speaks on DDG advising him to post on Snapchat , which helped him gain the most money he has ever made & he brought a Maybach with that check all because he listened to DDG❤️‍🔥 “when ddg called me to do this & this , I seen the most money l’ve ever made in my life”

DDGVerse

165,791 Aufrufe • vor 5 Monaten

Dame Dash on The Breakfast Club… Charlamagne had that corny nigga in HELL the entire interview. He called him broke, a loser, a child, insecure, a liar, a hypocrite, made fun of his teeth. All to his face. Called his ass “Debt Dash” and told him that he should start a label called “Debt Jam.” He’s a fucking embarrassment.

Dame Dash on The Breakfast Club… Charlamagne had that corny nigga in HELL the entire interview. He called him broke, a loser, a child, insecure, a liar, a hypocrite, made fun of his teeth. All to his face. Called his ass “Debt Dash” and told him that he should start a label called “Debt Jam.” He’s a fucking embarrassment.

Luis

2,175,823 Aufrufe • vor 11 Monaten

Hunter Biden: “1972, when my dad got elected, he was 29-years-old. He made a promise he would never own a stock or a bond. The only time my dad ever made money, the Biden Crime Family bullshit, my dad wrote a book. He didn’t go out and make speeches for private equity firms and fly to Saudi Arabia and sit on the board of xyz hedge fund, he wrote a book. He left the presidency and the only thing my dad has done to make money is he wrote a book”

Hunter Biden: “1972, when my dad got elected, he was 29-years-old. He made a promise he would never own a stock or a bond. The only time my dad ever made money, the Biden Crime Family bullshit, my dad wrote a book. He didn’t go out and make speeches for private equity firms and fly to Saudi Arabia and sit on the board of xyz hedge fund, he wrote a book. He left the presidency and the only thing my dad has done to make money is he wrote a book”

Marco Foster

27,541 Aufrufe • vor 12 Tagen

Goldman Sachs rejected him for partner, he quit, started with $3 million, and built a fund that made $7 billion in a single year then he bought his former boss's $43.5 million beach house - and demolished it. Built one twice the size in its place Bookmark & Watch it. Then read the post below - a hedge fund manager called a $5 billion company "the best managed pyramid scheme in history" ↓

Goldman Sachs rejected him for partner, he quit, started with $3 million, and built a fund that made $7 billion in a single year then he bought his former boss's $43.5 million beach house - and demolished it. Built one twice the size in its place Bookmark & Watch it. Then read the post below - a hedge fund manager called a $5 billion company "the best managed pyramid scheme in history" ↓

Сarm1ne

576,676 Aufrufe • vor 3 Monaten

He gave him his last $5 and in return he made him a millionaire

He gave him his last $5 and in return he made him a millionaire

Empire Mindset | Wealth Architect

33,202 Aufrufe • vor 6 Monaten

He gave him his last $5 and in return he made him a millionaire

He gave him his last $5 and in return he made him a millionaire

Mindset Machine 

16,064 Aufrufe • vor 6 Monaten

Shannon Sharpe said keep talking crazy about him cuz he made more money with the Katt Williams interview than he ever made playing a season in the NFL

Shannon Sharpe said keep talking crazy about him cuz he made more money with the Katt Williams interview than he ever made playing a season in the NFL

Ahmed/The Ears/IG: BigBizTheGod 🇸🇴

772,067 Aufrufe • vor 2 Jahren

In 2014 a quant at Two Sigma quit his job, waited two months, then hacked back into their network and walked out with the trading algorithms that had made the fund billions. He planned to start his own hedge fund with them. Two Sigma manages $52 billion and was founded by the math PhD who sat next to Jeff Bezos at D.E. Shaw. They almost lost the formula to a former employee with a laptop. The full story is on a YouTube channel almost no one in finance reads. Bookmark it tonight. Then read the article below.

In 2014 a quant at Two Sigma quit his job, waited two months, then hacked back into their network and walked out with the trading algorithms that had made the fund billions. He planned to start his own hedge fund with them. Two Sigma manages $52 billion and was founded by the math PhD who sat next to Jeff Bezos at D.E. Shaw. They almost lost the formula to a former employee with a laptop. The full story is on a YouTube channel almost no one in finance reads. Bookmark it tonight. Then read the article below.

zostaff

55,338 Aufrufe • vor 3 Monaten

She hooked up with a guy. Then he called his friends for gas money. She gave him $20 Next day she hit him up and felt like he was up to no good so she made a fake number and convinced him they’d met at his security gig Had him drive out to waste the gas then deleted the app

She hooked up with a guy. Then he called his friends for gas money. She gave him $20 Next day she hit him up and felt like he was up to no good so she made a fake number and convinced him they’d met at his security gig Had him drive out to waste the gas then deleted the app

Jelly Santos

117,326 Aufrufe • vor 1 Jahr

Don Lemon: “Donald Trump is a terrible president and an even worse person. There are no redeeming qualities about him. He is gluttonous, he’s made more money off the presidency than he’s made in his lifetime. He treats people like shit”

Don Lemon: “Donald Trump is a terrible president and an even worse person. There are no redeeming qualities about him. He is gluttonous, he’s made more money off the presidency than he’s made in his lifetime. He treats people like shit”

Marco Foster

78,607 Aufrufe • vor 2 Monaten

Paul Singer: "no one has ever predicted a financial crisis - do not look to even the greatest" - he made 13% a year for 47 years through every crash this is him not predicting - showing how he actually trades and the one rule behind every single trade it cost him parents' life savings, a Facebook deal from his own son-in-law, Yahoo, and Bitcoin - and still made him $73 billion "never lose money" - it doesn't mean he never gets it wrong - it means he never gets destroyed: small losses, quick exits, always hedged - that's how 47 years stay profitable "prediction costs extra" Bloomberg calls him "the most feared investor in the world" - this is the rarest footage of him explaining why bookmark & watch ↓

Paul Singer: "no one has ever predicted a financial crisis - do not look to even the greatest" - he made 13% a year for 47 years through every crash this is him not predicting - showing how he actually trades and the one rule behind every single trade it cost him parents' life savings, a Facebook deal from his own son-in-law, Yahoo, and Bitcoin - and still made him $73 billion "never lose money" - it doesn't mean he never gets it wrong - it means he never gets destroyed: small losses, quick exits, always hedged - that's how 47 years stay profitable "prediction costs extra" Bloomberg calls him "the most feared investor in the world" - this is the rarest footage of him explaining why bookmark & watch ↓

bodila

128,161 Aufrufe • vor 1 Monat