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The Extraordinary Journey of Jim Simons: From Mathematician to Trading Titan

Over the decades, the landscape of investment has evolved tremendously, but among the names that stand out, none quite compare to Jim Simons.

Simons has etched his name into the annals of financial history through his hedge fund, Renaissance Technologies, and its flagship Medallion fund, which boasts an astonishing average annual return of 66% over thirty years. To put this into perspective, an initial investment of $100 in 1988 would have mushroomed into a staggering $398.7 million by now.

What sets Simons apart is not just his incredible returns but also his unorthodox hiring practices; he built his team with mathematicians and scientists rather than traditional financiers.