James Harris Simons (April 25, 1938 – May 10, 2024) was an American mathematician and hedge fund manager. He founded Renaissance Technologies in 1982, which became one of the most successful and secretive quantitative hedge funds in history. Before entering finance, Simons was a renowned mathematician who contributed to the development of string theory and won the Oswald Veblen Prize...
"The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value. This builds in protection against error."
Buy only at prices well below intrinsic value.
Read Full Analysis →"The stock market is a no-called-strike game. You don't have to swing at every pitch. Wait for the fat pitch — the opportunity that offers exceptional risk-reward."
Wait for exceptional risk-reward opportunities.
Read Full Analysis →"Never invest in anything you don't fully understand. Thorough research is the foundation of every sound investment decision."
Thorough research precedes every sound investment.
Read Full Analysis →Jim Simons has 3 key principles on buying principles. The most important one is "Buy Below Intrinsic Value" — The cardinal rule of investing: buy only when the price is significantly below your conservative estimate of intrinsic value.
Jim Simons applies buying principles through several key principles including "Buy Below Intrinsic Value" and "Wait for the Right Opportunity". These principles guide practical investment decisions and have been tested across decades of market cycles.
Jim Simons's approach to buying principles is distinguished by a focus on long-term thinking and fundamental analysis. With 3 specific principles in this area, Jim Simons provides a comprehensive framework that investors at any level can study and apply to improve their decision-making.
