John Arnold from Enron

Discussion in 'Trading' started by richardyu301, Jun 6, 2005.

  1. Dam, This guy lives in my town!

    James Simons
    City: East Setauket, New York
    Firm: Renaissance Technologies Corp.
    Age: 67

    Renaissance's Long Island retreat more resembles a college campus than a hedge-fund hub, and Simons, a former math professor with a Ph.D. from Berkeley who was once fired from a government defense job for protesting Vietnam, is not your typical tycoon. But industry insiders say that Renaissance's Medallion fund, with its black-box quantitative strategies, had another phenomenal year. Simons's cut of the profits: more than 35 percent.
    Estimated income: $500-$550 million