Renaissance Technologies is a hedge fund management firm founded by Jim Simons. It is known for using mathematical and statistical methods to identify trading opportunities, and is considered one of the most successful and influential hedge fund firms in the world. Renaissance Technologies is not open to the public, and its investment strategies are only available to its limited partners, which are typically institutional investors such as pension funds and endowments. The firm’s funds are not available to individual investors.
“The grim irony of investing, then, is that we investors as a group not only don’t get what we pay for, we get precisely what we don’t pay for. So if we pay for nothing, we get everything.” – John C. Bogle