TIP273: Billionaire Jim Simons' Quant Revolution w/ Gregory Zuckerman

The Investor's Podcast (We Study Billionaires) - The Investor’s Podcast Network

Stig Brodersen

Education, Investing, Business

4.6 • 3.6K Ratings

🗓️ 15 December 2019

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

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Summary

On today’s show we talk about billionaire Jim Simons and how he achieved a 66% annual return since 1988. We have Best Selling author and Wall Street Journal reporter, Gregory Zuckerman, on the show. IN THIS EPISODE YOU’LL LEARN: How Jim Simons’ fund has performed 66% annually since 1988. How to make money when you’re only right 51% of the time. Why there are fewer inefficiencies in the market than value investors think. Ask The Investors: What is the difference between index funds and ETFs and what is the better investment? BOOKS AND RESOURCES Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members. Gregory Zuckerman’s book, The Man who Solved the Markets – Read reviews of this book. Tweet to Gregory Zuckerman. Email Gregory Zuckerman. Sign up to the TIP live event in Los Angeles with Stig and David by emailing stig@theinvestorspodcast.com. Join the Mastermind Group and the TIP Community for the Berkshire Hathaway Annual Shareholder’s Meeting. NEW TO THE SHOW? Check out our We Study Billionaires Starter Packs. Browse through all our episodes (complete with transcripts) here. Try our tool for picking stock winners and managing our portfolios: TIP Finance Tool. Enjoy exclusive perks from our favorite Apps and Services. Stay up-to-date on financial markets and investing strategies through our daily newsletter, We Study Markets. Learn how to better start, manage, and grow your business with the best business podcasts. SPONSORS Support our free podcast by supporting our sponsors: ⁠HardBlock⁠ ⁠Human Rights Foundation⁠ ⁠Plus500⁠ ⁠Netsuite⁠ ⁠Shopify⁠ ⁠Vanta⁠ HELP US OUT! Help us reach new listeners by leaving us a rating and review on Apple Podcasts! It takes less than 30 seconds, and really helps our show grow, which allows us to bring on even better guests for you all! Thank you – we really appreciate it! 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Transcript

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0:00.0	You're listening to TIP.
0:03.2	On today's show, we talk about legendary billionaire Quentin Vester, Jim Simons.
0:08.4	I know this doesn't sound even believable, but Simons achieved a 66% annual return since
0:14.7	1988 before fees for his investors.
0:18.4	To talk about this recluse investing legend, we have the author of the best-selling book,
0:23.2	The Man Who Solved The Market by Gregory Zuckerman.
0:26.8	This is a fascinating discussion, so let's go ahead and dive in.
0:30.6	You are listening to THE Investors Podcast.
0:36.4	Where we study the financial markets and read the books that influence self-made billionaires
0:40.8	the most.
0:41.8	We keep you informed and prepared for the unexpected.
0:44.8	Hey everyone, welcome to the Investors Podcast.
0:55.6	I'm your host Preston Pishin.
0:56.6	I'm always a company by my co-host, Stig Broderson.
1:00.4	We're pretty excited to talk to Gregory here.
1:03.5	Gregory, welcome to the show.
1:05.2	First of all, great to have you here.
1:08.9	I loved this book.
1:11.2	The reason I think I was so excited about this is because I didn't know that much about
1:16.8	Jim Simons.
1:18.4	Talk to us about Jim Simons because I think there's a lot of other people like me out there that
1:23.2	don't really know who he is that well.
	...

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