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

Wed, 05/15/2024 - 11:19

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

finance, trending-uk, finance, GameStop, meme-stocks, roaring-kitty, renaissance-technologies

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

Fri, 05/10/2024 - 13:25

Jim Simons — Jim Simons.
Sylvain Gaboury/Getty Images

Markets, finance, jim-simons, renaissance-technologies, hedge-funds

The CEO of a hedge fund that averaged 70% returns over 2 decades doesn't regret sleeping 2,000 nights in his office: 'I really don't see how I could do it otherwise'

Thu, 11/23/2023 - 15:25

sleep — Carlo Allegri/Reuters

Markets, mi-exclusive, office-culture, renaissance-technologies, hedge-fund, Investors, goldman-sachs

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

Wed, 09/20/2023 - 06:33

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

finance, Finances, finance, hedge-fund, renaissance-technologies, jim-simons, trending-uk

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.

Wed, 09/20/2023 - 05:33

trader — REUTERS

Markets, mi-exclusive, Markets, Stocks, jim-simons, renaissance-technologies, RenTech

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