James Harris Simons Quotes:
James Harris Simons Quotes About Life/Family
I thought it was the coolest thing – what a life, to go out at 2 a.m. with friends and do math over coffee. It seemed like the world’s greatest career
Patterns of price movement are not random. However, they’re close enough to random…
Luck plays a meaningful role in everyone’s lives.
I used to have it in my house. My wife didn’t particularly like it.
James Harris Simons Quotes About Fund
We have been caught in what appears to be a large wave of deleveraging on the part of quantitative long/short hedge funds.
Size works against you in a fund like this.
We manage funds who’s trading is determined by mathematical formulas. We operate only in highly liquid publicly traded securities meaning we don’t trade in credit default swaps or collateralised debt obligations…
While we believe we have an excellent set of predictive signals, some of these are undoubtedly shared by a number of long/short hedge funds.
James Harris Simons Quotes About Business
In this business it’s easy to confuse luck with brains.
We have very high standards and it works. Our business is wonderful as a result.
I have one guy who has a Ph.D. in finance. We don’t hire people from business schools. We don’t hire people from Wall Street. We hire people who have done good science.
Through high school, anything related to business seemed absurd to me.
James Harris Simons Quotes About People
I have one guy who has a Ph. D in finance. We don’t hire people from business schools. We don’t hire people from Wall Street. We hire people who have done good science.
A good atmosphere and smart people can accomplish a lot.
We are not a teaching organization. We are a research organization. We hire people to make mathematical models of the markets in which we invest.
Motivational Quotes by James Harris Simons
Some firms say they have models; what they typically mean is the model advises the trader what to do, and if he likes the advice he’ll take it and if he doesn’t like the advice he won’t take it.
I’ve always intended to retire in the next two years. I’ve been saying that for a long time. The two years is a constant.
We can’t create our own data… You just have to play the data as it plays.
We’re moving in the direction of collaborative, goal-driven science.
James Harris Simons Quotes About Mathematics
I always liked maths. When I was a little boy, I would think about numbers and shapes and even logic. And I was a kid who just liked thinking.
I want a guy who knows enough math so that he can use those tools effectively but has a curiosity about how things work and enough imagination and tenacity to dope it out.
I wanted to do mathematics from the time I was 3. Literally. I would think about numbers and shapes.
By high school I knew that I was going to be a scientist of some sort. But I just assumed mathematics.
Famous Quotes by James Harris Simons
We search through historical data looking for anomalous patterns that we would not expect to occur at random.
Signals generated by a series of proprietary predictive systems.
Other Quotes You May Like:
Those kinds of times… when everyone is running around like a chicken with its head cut off, that’s pretty good for us
Luck, is largely responsible for my reputation for genius. I don’t walk into the office in the morning and say, ‘Am I smart today?’ I walk in and wonder, ‘Am I lucky today?’