The ‘Quant King’ who shook the world of hedge funds with his secretive Renaissance Technologies has died at 86

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Jim Simons, the mathematician-investor who created what many in finance consider the world’s greatest moneymaking machine at his secretive firm, Renaissance Technologies, has died. He was 86. 

He died Friday in New York City, according to his charitable foundation, which didn’t cite a cause.  

In turning from academia to investing as he entered his 40s, Simons eschewed standard…



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