Loading video...

Video Failed to Load

There was a problem loading this video. This could be due to a temporary network issue or the video might be unavailable.

Jim Simons: "My algorithm has always been: you get smart people together and you give them a lot of freedom. Create an atmosphere where everyone talks to everyone else. Provide the best infrastructure. And make everyone partners. That was the model that we used in Renaissance."

Frederik Gieschen

101,762 subscribers

833,909 views • 2 years ago •via X (Twitter)

Education Science & Technology News & Politics

Anya Rossi• Live Now

Private livecam show

10 Comments

Frederik Gieschen2 years ago

✍New piece on Simons

Darren Wilson2 years ago

@NeckarValue So simple and basic.

Frederik Gieschen2 years ago

simple but not easy

Dane Schlossberg2 years ago

@NeckarValue In other words, "I'm not telling you my algorithm!!!"

Vajo Lukic2 years ago

@NeckarValue Surrounding yourself with smart people, trusting them to do their best, and letting them have a "skin in the game" - can produce great results.

Sahba Ferdowsi DO (conciergedoc)2 years ago

@NeckarValue “Make everyone partners” Jim Simons

Mikelis Bastiks2 years ago

@NeckarValue Sounds simple yet very very hard to do

A. u . T. o. M. a. T. i. K. i2 years ago

@NeckarValue Carlo Ancelloti said a similar thing about Real Madrid

Philip Laughlin2 years ago

@NeckarValue

☠️2 years ago

@NeckarValue "make everyone partners" is the key thing here

Related Videos

"My algorithm has always been: You put smart people together, you give them a lot of freedom, create an atmosphere where everyone talks to everyone else. They're not hiding in the corner with their own little thing. They talk to everybody else. And you provide the best infrastructure. The best computers and so on that people can work with and make everyone partners." Jim Simons

"My algorithm has always been: You put smart people together, you give them a lot of freedom, create an atmosphere where everyone talks to everyone else. They're not hiding in the corner with their own little thing. They talk to everybody else. And you provide the best infrastructure. The best computers and so on that people can work with and make everyone partners." Jim Simons

Bourbon Capital

232,278 views • 8 months ago

Jim Simons, founder of Renaissance Technologies, on why the most successful fund in history was built on collaboration, not finance: Simons opens with a confession: "I'm not your typical businessman." What follows is a formula for building a team, one he describes, fittingly for a mathematician, as an algorithm. He lays out the model he used at Renaissance: "My algorithm has always been you got smart people together. You give them a lot of freedom. You create an atmosphere where everyone talks to everyone else." The detail he keeps returning to is communication, the refusal to let talent work in isolation: "They're not hiding in a corner with their own little thing. They talk to everybody else." Then come the final two ingredients: tools and ownership. "And you provide the best infrastructure, the best computers and so on that people can work with, and make everyone partners." He sums the whole philosophy up in a single line: "So that was the model that we used in Renaissance." The takeaway is striking in its simplicity. Simons doesn't credit a secret indicator or a proprietary edge. He credits a culture: gather brilliant people, hand them freedom, force open conversation, equip them with the best tools, and make them partners in the outcome.

Jim Simons, founder of Renaissance Technologies, on why the most successful fund in history was built on collaboration, not finance: Simons opens with a confession: "I'm not your typical businessman." What follows is a formula for building a team, one he describes, fittingly for a mathematician, as an algorithm. He lays out the model he used at Renaissance: "My algorithm has always been you got smart people together. You give them a lot of freedom. You create an atmosphere where everyone talks to everyone else." The detail he keeps returning to is communication, the refusal to let talent work in isolation: "They're not hiding in a corner with their own little thing. They talk to everybody else." Then come the final two ingredients: tools and ownership. "And you provide the best infrastructure, the best computers and so on that people can work with, and make everyone partners." He sums the whole philosophy up in a single line: "So that was the model that we used in Renaissance." The takeaway is striking in its simplicity. Simons doesn't credit a secret indicator or a proprietary edge. He credits a culture: gather brilliant people, hand them freedom, force open conversation, equip them with the best tools, and make them partners in the outcome.

Big Brain Business

12,685 views • 4 months ago

The fastest way to make a million dollars is to solve a problem for people. People pay you because you saved them time, money and make their lives more productive. Find a pain point that you know everyone has and then provide a product or service that solves for that.

The fastest way to make a million dollars is to solve a problem for people. People pay you because you saved them time, money and make their lives more productive. Find a pain point that you know everyone has and then provide a product or service that solves for that.

Kevin O'Leary aka Mr. Wonderful

193,466 views • 5 months ago

I was raised in a family that believed in sharing the little that they had with everyone, no matter where you come from. This morning my Family and I woke up to go give a meal to those in need 🙏, And remind them that they are not alone and we love them.

I was raised in a family that believed in sharing the little that they had with everyone, no matter where you come from. This morning my Family and I woke up to go give a meal to those in need 🙏, And remind them that they are not alone and we love them.

A Mom 👑

11,906 views • 3 years ago

6ix9ine says everyone in LA is fake and doing everything for clout “It’s just so much fake social climbing. People go to LA specifically for that, so you get a lot of people who are trying to get whatever they can from whoever they can.” “Shout out to LA, but I just can’t. It’s just too many people that wanna be somebody. Everyone has the right to grind, everyone has the right to do that. That’s when you meet the fakest people in the world”

6ix9ine says everyone in LA is fake and doing everything for clout “It’s just so much fake social climbing. People go to LA specifically for that, so you get a lot of people who are trying to get whatever they can from whoever they can.” “Shout out to LA, but I just can’t. It’s just too many people that wanna be somebody. Everyone has the right to grind, everyone has the right to do that. That’s when you meet the fakest people in the world”

Mikli

45,284 views • 4 months ago

ONE OF THE BEST LESSONS YOU CAN TEACH YOUNG PLAYERS Not everyone gets the same amount out of an hour practice session. The players that give effort, are engaged, and bring good energy will get more out of a practice/training/game than everyone else. Stack those days, and you will separate from others in the same amount of time!!

ONE OF THE BEST LESSONS YOU CAN TEACH YOUNG PLAYERS Not everyone gets the same amount out of an hour practice session. The players that give effort, are engaged, and bring good energy will get more out of a practice/training/game than everyone else. Stack those days, and you will separate from others in the same amount of time!!

Steve Dagostino

21,479 views • 1 year ago

director: anyway, we have quite a lot of staff members, fifteen people are moving together, you have to lead everyone well 🐰aren't you all adults? and the way everyone started laughing i cantfsdgh

director: anyway, we have quite a lot of staff members, fifteen people are moving together, you have to lead everyone well 🐰aren't you all adults? and the way everyone started laughing i cantfsdgh

jk.97

466,382 views • 10 months ago

Today, we bid farewell to the LEC. Thank you fans, players, staff, partners and everyone who has been a part of our journey. #ToTheStars

Today, we bid farewell to the LEC. Thank you fans, players, staff, partners and everyone who has been a part of our journey. #ToTheStars

Astralis League of Legends

231,730 views • 3 years ago

A European Night in Inchicore. 🔴⚪️🟡 The March, The Display and the Atmosphere. Thank you to everyone that was involved and to those that bought a t-shirt in support!

A European Night in Inchicore. 🔴⚪️🟡 The March, The Display and the Atmosphere. Thank you to everyone that was involved and to those that bought a t-shirt in support!

Shed End Invincibles

13,036 views • 1 year ago

Hey Arnold! understood that a neighborhood wasn’t just the place where these kids lived. Give them an abandoned lot, some tools, and a shared goal, and they’d turn a forgotten piece of the city into something that belonged to everyone.

Hey Arnold! understood that a neighborhood wasn’t just the place where these kids lived. Give them an abandoned lot, some tools, and a shared goal, and they’d turn a forgotten piece of the city into something that belonged to everyone.

Hey Arnold Perfect Shots

15,040 views • 29 days ago

"The Left has promised to make everyone equal. The Right has promised to make everyone rich. The Liberals have promised to make everyone happy. None of that has happened. We need a new narrative" Gudrun Kugler - Member of the Austrian Parliament and the ARC Organising Committee

"The Left has promised to make everyone equal. The Right has promised to make everyone rich. The Liberals have promised to make everyone happy. None of that has happened. We need a new narrative" Gudrun Kugler - Member of the Austrian Parliament and the ARC Organising Committee

The Alliance for Responsible Citizenship

13,546 views • 3 years ago

Did you ever have a night where you felt like everything has changed? Thank you, Taylor Swift, for this articulate endorsement of real leaders who want to shake off the foolish one and usher in a new Era of freedom and happiness for all Americans. You know what to do, everyone: get registered & make sure you and everyone you know votes! 🗳️:

Did you ever have a night where you felt like everything has changed? Thank you, Taylor Swift, for this articulate endorsement of real leaders who want to shake off the foolish one and usher in a new Era of freedom and happiness for all Americans. You know what to do, everyone: get registered & make sure you and everyone you know votes! 🗳️:

Misha Collins

226,149 views • 2 years ago

we all love 2️⃣4️⃣ 🧡 thank you to the Poland Bulldogs and everyone else that sent in get well wishes to Nick Chubb

we all love 2️⃣4️⃣ 🧡 thank you to the Poland Bulldogs and everyone else that sent in get well wishes to Nick Chubb

Cleveland Browns

188,270 views • 3 years ago

I feel used. I’ve been a cheerleader for #AdobeAnimate Adobe Animate since its inception… when everyone else was saying “It looks cheap,” I was insisting, “No no no… it’s all in how you USE it!” And I was right. “Flash” (as I will always call it) has been an amazing tool. When everyone else decided that ToonBoom was the promised land, I stuck with Flash. For those who knew how to use it, you could make professional level animation with a minimal budget and a crew of one. I understand that things change, and I’ve always advised that we should never rely too heavily on any ONE program, but to abruptly and unceremoniously yank the plug this way is a slap in the face to everyone who made the software a success. There was a right way to do this and a wrong way to do it. Adobe picked the absolute worst way to do it.

I feel used. I’ve been a cheerleader for #AdobeAnimate Adobe Animate since its inception… when everyone else was saying “It looks cheap,” I was insisting, “No no no… it’s all in how you USE it!” And I was right. “Flash” (as I will always call it) has been an amazing tool. When everyone else decided that ToonBoom was the promised land, I stuck with Flash. For those who knew how to use it, you could make professional level animation with a minimal budget and a crew of one. I understand that things change, and I’ve always advised that we should never rely too heavily on any ONE program, but to abruptly and unceremoniously yank the plug this way is a slap in the face to everyone who made the software a success. There was a right way to do this and a wrong way to do it. Adobe picked the absolute worst way to do it.

John "F" Fountain

144,146 views • 8 months ago

“I like the part of the tweet where you’re like everyone has struggles, because that is a normal struggle that people have of where it’s like you see someone whose father‘s passed away and it’s hard to like not make fun of them” -Big Cat

“I like the part of the tweet where you’re like everyone has struggles, because that is a normal struggle that people have of where it’s like you see someone whose father‘s passed away and it’s hard to like not make fun of them” -Big Cat

Viva La Stool

745,077 views • 6 months ago

Everyone thought it was funny when we lost our best players and couldn't afford to make big signings. Now everyone is moaning that we can buy anyone we want and have a lot of money to do it. 👉🏼 📺

Everyone thought it was funny when we lost our best players and couldn't afford to make big signings. Now everyone is moaning that we can buy anyone we want and have a lot of money to do it. 👉🏼 📺

MR DT

66,214 views • 3 months ago

🔥🚨 JUST IN — President Trump criticizes Israel's STRIKES in Lebanon for "killing everyone else." "Israel has been fighting Hezbollah TOO LONG and too many people have been KILLED." "If Israel can't do the job without killing everyone else, Syria will do the job!" "You don't have to knock down an apartment house every time you're looking for someone. There are a lot of people in those apartment houses that are not all Hezbollah."

🔥🚨 JUST IN — President Trump criticizes Israel's STRIKES in Lebanon for "killing everyone else." "Israel has been fighting Hezbollah TOO LONG and too many people have been KILLED." "If Israel can't do the job without killing everyone else, Syria will do the job!" "You don't have to knock down an apartment house every time you're looking for someone. There are a lot of people in those apartment houses that are not all Hezbollah."

The Patriot Oasis™

1,130,661 views • 3 months ago