Filmed on February 5, 2021
In this 2Q Conversations video, George Coyle and Moritz Seibert speak with Gregory Zuckerman. Greg writes for the WSJ and is the author of “The Man Who Solved the Market” – an interesting and well-written book about the highly secretive hedge fund Renaissance Technologies (RenTec) and the people behind the firm, first and foremost Jim Simons.
We’d all like to know how RenTec trades. How is it possible that they compound returns at >60% annually while no other hedge fund comes close? Are they running a complex AI-based system that is always at least one step ahead of all other traders? Or maybe a portfolio of simpler short-term systems but with very low slippage? We don’t know.
The person who has come closest to Jim Simons and the firm is Greg. That’s why we thought it might be a good idea to ask him directly.
