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AI Summary
- Jim Simons founded Renaissance Technologies, the world's greatest money-making machine, generating over $100 billion in profits despite having no finance background or interest in business
- He revolutionized finance by recruiting mathematicians, computer scientists, and physicists, collecting more historical financial data than competitors, and believing hidden structure existed in markets
- Simons was a world-class mathematician and code breaker who excelled at managing exceptional talent, designed highly collaborative systems, understood incentives deeply, and possessed incapable-of-giving-up determination