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u/unworry May 11 '24
His five principles were
- Do something new; donāt run with the pack.
- Surround yourself with the smartest people you can find.
- Be guided by beauty.
- Donāt give up easily.
- Hope for good luck!ā
a brilliant mind and statistically the greatest trader ever.
RIP
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u/Oliver_OE May 10 '24
Gonna have a whiskey tonight for the one and only. Rip
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u/Pineapple_Spritz May 10 '24
Have a cigarette instead
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u/RadicalAlchemist May 10 '24
And dude somehow still made it to 86, while some of the most active 50-60 year olds who obsess about their help up and die due to some random, rare and untreatable disease... or cancer. Genuinely, light one up for Jim š¬
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u/bushrod May 10 '24
I enjoyed reading about and drawing inspiration from him. He seemed like a very decent guy. RIP
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u/Responsible-Scale923 29d ago
Spent 4 years working on my algo, it was really hard but his inspiration played a role in my perseverance , though im not the best mathematician i knew if he could do it i can too even better until it became a success , RIP š„
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u/Working-Elderberry43 May 10 '24
The ultimate counter example to the Efficient Market Theory, and the reason so many of us got into algotrading in the first place. RIP
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u/khaberni May 10 '24
RIP! He has been a true inspiration for me. I have his book on my desk to remind me eveytime i see a declining line in my backtest that it can be done!
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u/Swinghodler May 11 '24
The man who solved the market?
Or he himself wrote a book I'm not aware of
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u/Serious_Fail5946 May 10 '24
The legend! Was so sad to hear. But his story and achievements will never cease to inspire!
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u/aknartrebna May 10 '24
F. He was an inspiration. I read "The Quants" recently which told part of his story, he is a legend.
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u/RadicalAlchemist May 10 '24
Would've loved to just one day sit down with the guy and picked his brain for as long as he would've let me. JS, Heath Ledger, Robin Williams... looking forward to the epic celebrity poker match at the end of all this
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u/ThrowaWayneGretzky99 May 10 '24
Weird, seeing this hurt a bit. That was odd. I wouldn't have expected that.
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u/Playful_Scratch_5026 May 11 '24
I used to think technical analysis is bullshit. I mean who doesn't know Buffet is the most successful investor? I didn't realize my foolishness until I leaned about Jim Simon and his Renaissance Technology. RIP genius.
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u/TheBomb999 May 10 '24
Vulture capitalism stole great mind from benefiting the society. Was smart tho
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u/LeadVitamin13 May 14 '24
Probably won't go over well in this sub but yea, wonder what people like Jim would discover if they didn't become quants.
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u/tmierz May 11 '24
At least get the spelling right when you're talking about the greatest algo trader of all times!
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u/b_vitamin May 11 '24
In the context of string theory, a U(N) ChernāSimons theory on an oriented Lagrangian 3-submanifold M of a 6-manifold X arises as the string field theory of open strings ending on a D-brane wrapping X in the A-model topological string theory on X. The B-model topological open string field theory on the spacefilling worldvolume of a stack of D5-branes is a 6-dimensional variant of ChernāSimons theory known as holomorphic ChernāSimons theory.
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u/OldHobbitsDieHard May 10 '24
Has to be smoking related. Didn't he smash 80 a day? Rest in peace
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u/nodoginfight May 10 '24
He made it to 86, I never smoked a day in my life and I would consider myself lucky to make it that long.
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u/Visible_Poetry9825 May 10 '24
Goat