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3:23
Bloomberg.com
Hema Parmar,Katherine Burton
WATCH: Jim Simons’s Renaissance has seen at least $5 billion in redemptions since Dec. 1. This report is from Feb. 8.
Jim Simons added $2.6 billion to his vast wealth in 2020. His clients weren’t so fortunate.Investors in three hedge funds run by Simons’s Renaissance Technologies lost billions of dollars as the firm’s computer models were flummoxed by the market’s gyrations. Meanwhile, Simons ranked second on Bloomberg’s list of the highest-paid ...
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