TIP273: BILLIONAIRE QUANT JIM SIMONS
W/ GREGORY ZUCKERMAN
15 December 2020
On today’s show we talk about billionaire Jim Simons and how he achieved a 66% annual return since 1988. We have Best Selling author and Wall Street Journal reporter, Gregory Zuckerman, on the show.
IN THIS EPISODE, YOU’LL LEARN:
- How Jim Simons’ fund has performed 66% annually since 1988.
- How to make money when you’re only right 51% of the time.
- Why there are fewer inefficiencies in the market than value investors think.
- Ask The Investors: What is the difference between index funds and ETFs and what is the better investment?
TRANSCRIPT
Disclaimer: The transcript that follows has been generated using artificial intelligence. We strive to be as accurate as possible, but minor errors and slightly off timestamps may be present due to platform differences.
Preston Pysh 0:00
On today’s show we talk about legendary billionaire quant investor, Jim Simons. I know this doesn’t sound even believable, but Simon’s achieved a 66% annual return since 1988 before fees for his investors. To talk about this recluse investing legend, we have the author of the best selling book, “The Man Who Solved the Market” by Gregory Zuckerman. This is a fascinating discussion. So let’s go ahead and dive in.
Intro 0:33
You are listening to The Investor’s Podcast, where we study the financial markets and read the books that influence self-made billionaires the most. We keep you informed and prepared for the unexpected.
Preston Pysh 0:53
Hey, everyone! Welcome to The Investor’s Podcast. I’m your host Preston Pysh. And as always, I’m accompanied by my co-host, Stig Brodersen. And we’re pretty excited to talk to Gregory here. Gregory, welcome to the show, first of all.
Gregory Zuckerman 1:06
Thank you. Thank you.
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BOOKS AND RESOURCES
- Gregory Zuckerman’s book, The Man who Solved the Markets – Read reviews of this book.
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