The man has hacked the stock market, and the government still cannot explain how it was done.

Meet Jim Simons.
And no, he is not someone working on Wall Street.
– Bachelor’s degree in Mathematics from MIT
– Ph.D. from Berkeley at age 23
– Rode a motorcycle from Boston to Bogotá between degrees because he was too bored
– Conducted groundbreaking research in geometry, contributed to quantum field theory and string theory
– Hired by the NSA to decode Soviet ciphers during the Cold War
– Taught at MIT and Harvard
– Was fired for publicly protesting the Vietnam War
Then he examined market data for decades and concluded something that no one had proven before.
That markets can be modeled mathematically. Completely. Systematically.
Unlike other scholars who say the same and go back to writing papers about it, Simons actually built it.
He founded Renaissance Technologies. Then, he established the Medallion Fund in 1988.
Instead of hiring traders or analysts, he hired mathematicians, physicists, statisticians, and computer scientists. People who had never worked in finance before. That was the key.
What happened next was the most extraordinary performance record in financial market history.
– Average annual profit of 66% before fees
– 39% after fees
– Over $100 billion in trading profits during the fund’s operation
– Still positive returns even in 2008, one of the worst years in modern market history
Eventually, he completely closed the Medallion Fund to outside investors.
The fund operates almost exclusively for current and former employees.
No one has ever replicated this model. No one fully understands what’s inside it. The models are a black box that has not been reverse-engineered for over 35 years.
He ended up with a fortune worth $31.4 billion and has donated billions more to science and mathematics education.
The U.S. IRS once pursued him for over $6.8 billion in taxes he deferred by reclassifying stock trading gains as long-term capital profits.
He finally paid up.
He smoked two packs of cigarettes every day throughout his adult life and lived to 86.
No one has ever turned pure intellectual ability into clearer financial profits than Jim Simons.
People in finance are not the ones who figured out how to conquer the markets.
A mathematician who decoded for the government did that.
By the way, I’m about to reveal my next capital investment plan.
Many will wish they had followed me sooner.