Quote of the day by Jim Simons: “We have three criteria. If it’s publicly traded, liquid and amenable to modeling, we trade it”

Jim Simons’ investment philosophy centered on three key criteria for trading. He prioritized assets that were publicly traded, liquid, and amenable to modeling. This approach emphasized data-driven decisions over speculation and emotions. His quantitative methods identified statistical patterns and refined models with new information. This disciplined strategy demonstrated the power of data in long-term investment success.