Wednesday, December 25, 2024

Jim Simons (1938-2024)

 From “Notices of the Mathematical Society”.

 His investment fund averaged about 60% annually for many years.

 An excerpt:

 Jim Simons’s guiding principles.

Do something new—don’t run with the pack.

I am not such a fast runner. If I am one of 𝑁

people all working on the same problem, there is

very little chance I will win. If I can think of a new

problem in a new area, that will give me a chance.

Surround yourself with the smartest people you

can find.

When you see such a person, do all you can to

get them on board.

Be guided by beauty.

This is obviously true in doing mathematics or

writing poetry, but it is also true in fashioning an

organization that is running extremely well and

accomplishing its mission with excellence.

Don’t give up easily.

Some things take much longer than one initially

expects. If the goal is worth achieving just

stick with it.

Hope for Good Luck!

 Here is the link.

 https://www.ams.org/journals/notices/202501/202501FullIssue-optimized.pdf?adat=January%202025&trk=&cat=none&type=.pdf

 

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