Renaissance Technologies A Hedge Fund Legend Unraveled

'RenTech' is known for being a scientific company more than a financial one. But there are various quirks that make the firm even more bizarre. Firms like Renaissance Technologies have been cited to produce annual returns in the ballpark of 70-80%, though I can't confirm the risk- ... Renaissance Technologies is the best performing investment firm of all time. And yet no one at RenTec would consider themselves an ... Wall Street traders and analysts take note: don't bother applying to work at Renaissance Technologies Corp., the $30 billion hedge fund manager whose assets ... James Simons, Medallion Hedge Fund and Renaissance Technologies, president testifies about the risks that hedge funds pose in the financial markets, ... Renaissance Technologies' Medallion fund, which since 2005 has been closed to external investors, remains the stuff of legend. Renaissance Technologies employs highly sophisticated mathematical models and algorithms to identify and exploit inefficiencies in the market. Founded by Berkley-trained mathematician Jim Simons in 1982, Renaissance has a remarkable track record of consistent, market-beating returns. Nick Patterson, formerly with Renaissance Technologies: "...the most important thing to do in data analysis is to do the simple things right ... ... Renaissance Technologies, out of a strip mall in Long Island. Notably, Simons applied artificial intelligence and massive datasets to build ...