Art of the week
Market Watch
| Index | Price | Change |
|---|---|---|
| NASDAQ | $13,556.73 | +1.23% |
| S&P 500 | $4,234.15 | +0.87% |
| Dow Jones | $34,102.57 | -0.45% |
| Bitcoin | $63,542.28 | +2.15% |
| Ethereum | $3,142.90 | +1.72% |
🚀 Stay Inspired
Podcast that I listened to this week
Jim Simons never took a single class on finance, wasn’t interested in business, and didn’t start trading full time until he was 40. The company he founded — Renaissance Technologies — has made over $100 billion in profits.
Starting out with the heretical belief that there was a hidden structure in financial markets, Jim decided to staff his “crazy hedge fund” with mathematicians, computer scientists, and physicists. He went to great lengths to collect more historic financial data than anyone else, spent a lot of time recruiting “killers” (people with single minded focus that wouldn’t quit), invested heavily in computers (and the people who ran them), and designed the most collaborative work environment.
Fun Fact
Did You Know? The first computer bug was literally a bug—in 1947, Grace Hopper found a moth trapped in a Harvard Mark II computer, coining the term "debugging" in the process.
Till next time!