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Yura
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Help me write a paper about Simons!

December 4th, 2006, 4:40 pm

I have to write a short paper (like 5-10 pages) about someone famous for my finance class and I chose to wrote about Jim Simons, because finance people haven't heard about him at all for some reason. The problem here of course, is that there is not that much information about him that is available Can anyone recomend me something? Maybe a few links to some articles about him and his Hedge Fund? Any help is greatly appreciated!
 
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dibble
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Help me write a paper about Simons!

December 4th, 2006, 5:42 pm

Your continued donations keep Wikipedia running! James Harris SimonsFrom Wikipedia, the free encyclopediaJump to: navigation, searchJames H. Simons.EnlargeJames H. Simons.James Harris (Jim) Simons, Ph.D. is a cryptanalyst, mathematical physicist, academic, investment advisor, billionaire and philanthropist. In 1982, Simons founded Renaissance Technologies Corporation, a private investment firm based in New York with over $12 billion under management; Simons is still at the helm, as president, of what is now one of the world's most successful hedge funds.[1] According to Institutional Investor magazine, Simons earned an estimated $1.5 billion in 2005[2] (the largest compensation among hedge fund managers that year [1]) and $670 million in 2004. Simons' most influential research involved the discovery and application of certain geometric measurements, and resulted in the Chern-Simons form (aka Chern-Simons invariants, or Chern-Simons theory). In 1974, his theory was published in Characteristic Forms and Geometric Invariants, co-authored with the differential geometer Shiing-Shen Chern. The theory has wide use in theoretical physics, particularly string theory. With an estimated current net worth of around $4 billion, he is ranked by Forbes as the 64th-richest person in America.Contents[hide] * 1 Education and early career * 2 Renaissance Technologies * 3 Philanthropy o 3.1 Autism research * 4 In the Boardroom * 5 Notes * 6 External links[edit] Education and early careerJim Simons received his bachelor's degree in mathematics from the Massachusetts Institute of Technology (MIT) in 1958, and his PhD, also in math, from the University of California, Berkeley, at the age of 23. From 1961 to 1964, he taught mathematics at MIT and Harvard University. In 1968, he was appointed chairman of the math department at the State University of New York at Stony Brook. In 1978, he left academia to run an investment fund that traded in commodities and financial instruments on a discretionary basis.In 1976, Simons won the American Mathematical Society's Oswald Veblen Prize in Geometry, for work that involved a recasting of the subject of area minimizing multi-dimensional surfaces and characteristic forms. This resulted in his proof of the Bernstein conjecture up to real dimension 8, and an improvement of a certain 'regularity' result of W. H. Fleming on a generalized Plateau's problem.[edit] Renaissance TechnologiesFor over two decades, the Renaissance Technologies investment firm, which trades in markets around the world, has been at the forefront of research in mathematics and economic analysis. Renaissance uses computer-based models to predict price changes in easily-traded financial instruments. These models are based on analyzing as much data as can be gathered, then looking for non-random movements to make predictions.Renaissance employs more than 60 top scientific specialists, including mathematicians, physicists, astrophysicists and statisticians, from countries as diverse as Japan and Cuba [3]who review market data to find statistical relationships that predict the price movements of commodities, currencies and stocks. Its $5 billion Medallion Fund has averaged 35% annual returns, after fees, since 1989, and is considered in the industry to be the most successful hedge fund,[4] yielding returns ten percentage points higher than investors Bruce Kovner, George Soros, Paul Tudor Jones, Louis Bacon, Mark Kingdon or Monroe Trout.Renaissance has launched RIEF[5], a fund designed to handle upwards of $100 billion, one that could become the industry's largest.[6] "It's startling to see such a highly successful mathematician achieve success in another field," says Edward Witten, professor of physics at the Institute for Advanced Study in Princeton, N.J., and considered by many of his peers to be the most accomplished theoretical physicist alive... (Gregory Zuckerman, "Heard on the Street, Wall Street Journal, July 1, 2005).[edit] PhilanthropyThe wealth that Simons has amassed funds his many philanthropic pursuits. Simons is a benefactor for the mathematical sciences, supporting research projects, chairs, and conferences in the United States and abroad.Simons and his second wife, Marilyn Hawrys Simons, co-founded the Simons Foundation, a charitable organization which supports projects related to education and health, in addition to scientific research. In memory of his son Paul, he estabilished Avalon Park, a 130 acre nature preserve in Stony Brook. He also founded Math for America.In early 2006, he led a group of directors of Renaissance Technologies Corporation and of Brookhaven Science Associates in donating $13 million to fund a budget shortfall of the Brookhaven National Laboratory that would have shut down the operations of the Relativistic Heavy Ion Collider for 2006.[edit] Autism researchSimons, who lives with his wife in Manhattan and Long Island, and is the father of five: sons Nathaniel (Nat), Paul (dec.) and Nicholas (Nick) (dec.), and daughters Elizabeth (Liz) and Audrey. When Audrey was 6 years old, she was diagnosed with autism.The family's charitable foundation has committed $38 million to find the causes related to autism in recent years, and plans to spend another $100 million in what is becoming the largest private investment in the field of autism research, while Simons personally exerts extraordinary control over where and how his money is spent. Simons has provided DNA from his family for study, and has given assistance in helping solve research problems. When MIT asked for brain research funding, he stipulated that the project focus on autism and include scientists of his choosing.On June 11, 2003, The Simons Foundation hosted its first "Panel on Autism Research" in New York City, a day-long event highlighting research into the causes of autism, the accurate genomic mapping of autism, and in the study of the biochemical mechanisms that occur in people with autism. Attendees included David Amaral, Dr. Eric Courchesne, Dr. Nathaniel Heinz, Tom Insel, MD, Catherine Lord, PhD, Dr. Fred Volkmar and Dr. Paul Greengard.[edit] In the BoardroomSimons serves as trustee of Brookhaven National Laboratory, the Institute for Advanced Study, Rockefeller University, and the Mathematical Sciences Research Institute in Berkeley. He is also a member of the Board of the MIT Corporation.[edit] Notes 1. ^ Lux, Hal (2000-11-01). The secret world of Jim Simons. Institutional Investor. Retrieved on 2006-08-15. 2. ^ Shell, Adam (2006-05-26). $363M is average pay for top hedge fund managers. USA Today. Retrieved on 2006-08-15. 3. ^ Renaissance Technologies Website (2001-02-02). Retrieved on 2006-08-15. 4. ^ Atlas, Riva D. (2005-05-27). Hedge Funds Are Stumbling but Manager Salaries Aren't. The New York Times. Retrieved on 2006-08-15. 5. ^ Baker, Nathaniel. "Renaissance Readies Long-Biased Strat", Institutional Investor, 2005-06-24. 6. ^ Zuckerman, Gregory. "Renaissance's Man: James Simons Does The Math on Fund", The Wall Street Journal, 2005-07-01, pp. C1. Retrieved on 2006-08-15.[edit] External links * Hoovers.com - 'Renaissance Technologies Corporation' (corporate profile) * Testimony of James H. Simons Before the US Congress * IAS.edu - 'The Simons Foundation Donates $10 million for Advanced Study: Gift Will Support the Institute's Center for Systems Biology', Institute for Advanced Study (November 21, 2005) * IHES.fr - 'Jim Simons' (profile) * SARNet.org - 'Titan's Millions Stir Up Research Into Autism: James Simons Taps Big Stars From Outside Field to Find A Genetic Explanation', Antonio Regalado, Wall Street Journal * SimonsFoundation.org - 'The primary mission of The Simons Foundation is to advance the frontiers of research in the basic sciences and mathematics' * TurtleTrader.com - 'Jim Simons: Renaissance Technologies Corp.' * James Harris Simons at the Mathematics Genealogy Project * Putting His Money Where His Math Is, Seed Magazine, by Joshua Roebke, Posted September 19, 2006Retrieved from "http://en.wikipedia.org/wiki/James_Harr ... Categories: American businesspeople | American money managers | Stock and commodity market managers | Financial analysts | American philanthropists | American physicists | American mathematicians | 20th century mathematicians | American cryptographers | Billionaires | Forbes 400 | Forbes World's Richest People | Autism | Jewish mathematicians | Jewish-American businesspeople | 1921 births | Living peopleViews * Article * Discussion * Edit this page * HistoryPersonal tools * Sign in / create accountNavigation * Main Page * Community Portal * Featured content * Current events * Recent changes * Random article * Help * Contact Wikipedia * DonationsSearch Toolbox * What links here * Related changes * Upload file * Special pages * Printable version * Permanent link * Cite this articleIn other languages * LietuviųMediaWikiWikimedia Foundation * This page was last modified 08:07, 2 December 2006. * All text is available under the terms of the GNU Free Documentation License. (See Copyrights for details.) Wikipedia® is a registered trademark of the Wikimedia Foundation, Inc. * Privacy policy * About Wikipedia * Disclaimers
 
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Yura
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Help me write a paper about Simons!

December 4th, 2006, 6:13 pm

That I found myself. Thanks anyway!Is there anything else?
 
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kritchey
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Help me write a paper about Simons!

December 6th, 2006, 9:15 am

Well, Dibble got you started with the Wikipedia reference.Simons is largely out of the public domain (by choice). so the best you can do is piece together small references to him from various sources. The same goes for Renaissance Technology strategies. You can makes some educated guesses by his background and the type of people he hires, but beyond that, you're probably just guessing. But I think that's how he has been able to succeed for so long...
 
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divineprofit
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Help me write a paper about Simons!

December 6th, 2006, 12:33 pm

here is are 3 artilcles Rentec article
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Last edited by divineprofit on December 5th, 2006, 11:00 pm, edited 1 time in total.
 
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jimmy
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Help me write a paper about Simons!

December 6th, 2006, 3:11 pm

divineprofit, could u pliz post here the first article as well? I do not have access to the charttricks website... thanks a lot! JM
 
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Yura
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Help me write a paper about Simons!

December 6th, 2006, 7:52 pm

QuoteOriginally posted by: divineprofithere is are 3 artilcles Rentec articleThanks a lot! Although, I couldn't access the first one. It asks me to type in a password.
 
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dibble
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Help me write a paper about Simons!

December 6th, 2006, 8:36 pm

QuoteOriginally posted by: YuraQuoteOriginally posted by: divineprofithere is are 3 artilcles Rentec articleThanks a lot! Although, I couldn't access the first one. It asks me to type in a password.Well you did not think it was going to be that easy ?
 
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Yura
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Help me write a paper about Simons!

December 6th, 2006, 9:47 pm

QuoteOriginally posted by: dibbleQuoteOriginally posted by: YuraQuoteOriginally posted by: divineprofithere is are 3 artilcles Rentec articleThanks a lot! Although, I couldn't access the first one. It asks me to type in a password.Well you did not think it was going to be that easy ?No, I didn't think it would be easy, but I also didn't think it'd be that difficult. One of the downloadable papers from divineprofit I've read before, the other one is new (to me), which makes me think that no one know more about Simons that anybode else