Among Billionaire Jim Simons’ RenTech’s Small-Cap Stock Picks with Huge Upside Potential

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We recently published a list Billionaire Jim MY SIMONSHICH 10 Small Covers Potential with Huge Huge PowerIn this article, we are going to consider where (NASDAQ. NASDAQ).

Jim Simmons (and still after his death is even one of his death), if not the largest in the fence stock area. He was a gifted mathematician and had a successful career at the academy to finance a bold axis in the late 70s.

In 1978, he founded a monumentian trade company and Limroy (Fencing Fund), which collapsed in 1982 and was renamed Renaissance technologies. This entity had one main goal: use quantitative, computerized models to operate the inefficiency of the market. In other words, Simmons and his team have pledged to make investment decisions based on complex algorithms.

Renaissance technologies (Rentech) began as a fence stock, but later inflamed something bigger. It is now an investment management company that operates several fences. The flag offer is the Medallion Foundation. Medallion Fund is famous for extraordinary return. During the Dot.com accident and early 2000s, the return of medallon was 56.6% and 74.6%, respectively. During the first two years of the operation, the lowest income was 31.5%.

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The record record of Medallion Fund in the market and Rentech expansion, Simons makes a lot of money. At death, he cost $ 31.4 billion and took the best 100 richest people in the world. And when Simmons often said that all the successes in the market descend the love of mathematics. Accordingly, the Medallion Foundation is capable of emergency returns, mainly because the investment team is Simons – lever mathematics.

The Foundation uses algorithm-based methods to detect patterns on copies of copies and leverage. That’s why Rentech has invested (and continues to invest) billions of people among Millamies, Computer Sciences and Physics. In one of his recent interviews, he said: “We rented statisticians, physicists, astronomers, mathematicians. The important thing was that they were very smart. “

Jim Simmons was a generation of talent when it came to invest. He started a investment business and led to the heights that others can only dream of. And since his legacy lives on rent, it makes sense to know what companies have been introduced.

 
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