Wall Street has lost a legend.⁠ ⁠ The Quant King, Jim Simons used his mathematic prowess to revolutionize investing and lead the most successful hedge fund of all-time. ⁠ ⁠ Over a 30 year period his Renaissance Technologies firm recorded $100 billion in trading profits, vastly outperforming the S&P 500 and other legendary investors like Warren Buffett and George Soros. ⁠ ⁠ Before moving to the finance world at age 40, Simons was a math prodigy and professor at various institutions like MIT, Berkeley, Harvard, and Stony Brook. ⁠ ⁠ Following his career at Renaissance, he turned to philanthropy and had donated over $6 billion to charitable causes, according to Forbes. ⁠ ⁠ He passed earlier today at the age of 86. ⁠ ⁠ 📸 : Getty ⁠ ⁠ #business #businessnews #investing #markets #marketnews #finance #wallstreet