RenTech speculates, leverage inflates its returns and it barely survived the GFC. Berkshire invests, eschews debt and sails through crises. James Harris (“Jim”) Simons was born in 1938, became a full-time market-timer-trader-speculator in 1978, founded Renaissance Technologies LLC (“RenTech”) in 1982, retired as its CEO in 2010 and as its Chairman in 2021, and died in 2024. … [Read more...] about How Warren Buffett has trounced “the world’s greatest hedge fund manager”
Chris Leithner