Quant pioneer Renaissance Technologies' painful summer continued in July

Tech Insider : Business
Jim Simons
Jim Simons at a gala in March 2019.

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An elite hedge fund slashed its Nvidia and Tesla bets last quarter — and boosted its GameStop stake

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nvidia stocks
Jensen Huang is CEO of Nvidia, the world's most valuable company.

Slaven Vlasic/Getty Images; Chelsea Jia Feng/BI

An elite hedge fund bought 1 million GameStop shares before the meme stock's 400% surge

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gamestop line
Renaissance Technologies bought 1 million GameStop shares last quarter.

Reuters

Jim Simons, the legendary hedge-fund manager who cracked the market, dead at 86

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Jim Simons
Jim Simons.

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Hedge fund CEO says staff installed mirrors around the office to stop him from crashing into them while he rode a unicycle

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Hedge Fund losses
Renaissance Technologies boss Peter Brown said staff once had to install mirrors around the office to stop him crashing into them.

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The CEO of a hedge fund that averaged a 66% return for 3 decades spoke about investing, hiring, and sleeping 2,000 nights in his office. Here are the 11 best quotes.

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trader

REUTERS

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