On Wall Street, fortunes are usually told through handshakes, boardroom charm, and access to corner offices. The story behind turning $100 into $398 million cuts against all of that, showing what ...

Lee Fang is an investigative reporter at leefang.com. Jim Simons’ mathematical skills helped transform him from a prize-winning academic at Harvard and MIT into a legendary financier whose algorithmic ...

Having the same tools as a genius doesn’t make you a genius. Every hedge fund, investment bank and kid with a Robinhood account now thinks artificial intelligence is going to make them rich. They’re ...

Jim Simons's Medallion Fund averaged 66% annual returns for three decades, using math that would make ChatGPT weep Jim Simons was trying to solve a puzzle. Billions of dollars fell out when he cracked ...