Before he became famous on Wall Street, another identity of Simmons had already been recognized by the whole world, that is, a mathematician. 196 1 year, 23-year-old Simmons received his Ph.D. in mathematics from the University of California, Berkeley, and became a lecturer in the Department of Mathematics at Harvard University one year later. 1968, Simmons went to Li Shixi University in New York to be the head of the Department of Mathematics. He was only 30 years old that year.

Simmons studied pure mathematics at Stony Brook University for 8 years, during which he co-founded Chen Shengshen-Simmons Theory, a famous mathematician in China, which had a far-reaching influence on mathematics and physics. From 65438 to 0976, Simmons won the Van Buren Prize, the crown of mathematics, and his personal achievements in mathematics reached its peak.

Gecko investment law

The so-called "Gecko Investment Method" refers to making short-term directional predictions when investing, trading multiple varieties at the same time, and relying on a large number of transactions completed in a short time to make profits. In Simmons' words, trading "should be like a gecko, lying motionless on the wall at ordinary times, eating as soon as mosquitoes appear, then restoring calm and waiting for the next opportunity."

Whether it is the 1998 Russian bond crisis or the Internet bubble at the beginning of this century, Medallion Fund has survived several financial crises, eclipsing the Efficient Market Hypothesis. It is generally believed in the industry that Simmons' unbeaten myth mainly benefits from his "Gecko Investment Law".

Twenty years after moving to the "second battlefield" in the investment field, Simmons proved his success with a series of data: from 1989 to 2009, the average annual return rate of medal funds he traded was as high as 35%, which was more than 20 percentage points higher than the average annual return rate of the Standard & Poor's 500 index in the same period, and higher than the trading performance of "financial tycoon" Soros and "Warren Buffett"/kloc-0. Even in 2007, when the subprime mortgage crisis broke out, the fund's return rate was as high as 85%.

Making money is better than Buffett.

Warren Buffett is a well-known "Warren Buffett" in the investment field, but many investors may not know james simons. The average annual return rate of the medal fund managed by the legendary figure who created the myth of Wall Street investment is much higher than that of Buffett, and its secret weapon to surpass Buffett is quantitative investment. According to the research report recently released by the United Securities Fund Research Group, the average annual return rate of medal funds managed by the legend Simmons from 1989 to 2007 is as high as 35%, while the average annual return rate of Warren Buffett in the same period is only about 20%. Even in the case of the global financial crisis in 2008, the return rate of the "Grand Medal" is as high as 80%.

As of September 20 10, james simons's personal net worth reached $8.5 billion.