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...
"Never overpay for a security, no matter how exciting the story. The price you pay determines your return. Discipline in valuation is the foundation of investment success."
Discipline in valuation determines investment success.
Read Full Analysis →"Always estimate the intrinsic value of a business before investing. Compare price to value, not price to past price. The gap between price and value is where profits are made."
Compare price to intrinsic value, not to past prices.
Read Full Analysis →"Use conservative assumptions in your valuation. Optimistic projections lead to overpaying. It is better to underestimate value and be pleasantly surprised than to overestimate and be disappointed."
Conservative valuation protects against overpaying.
Read Full Analysis →Jim Simons has 3 key principles on value assessment. The most important one is "Value Discipline" — Never overpay for a security, no matter how exciting the story.
Jim Simons applies value assessment through several key principles including "Value Discipline" and "Focus on Intrinsic Value". These principles guide practical investment decisions and have been tested across decades of market cycles.
Jim Simons's approach to value assessment 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.
