An interview and Q&A with billionaire and founder of the quantitative hedge fund Renaissance Technologies, James Simons. In this interview, James discusses his quantitative approach to investing and how this has evolved over his career. James also talks about fundamental trading and how his management style has helped make Renaissance Technologies so successful. Like if
The end could be near for theater subscription service MoviePass. On Thursday, the company suspended its service while it undergoes unspecified “improvements” to its product. “For the past several months, MoviePass has been working hard to improve our groundbreaking subscription service to ensure it meets the vision that we have for it,” the company wrote
A Federal Reserve rate cut could lead to the same challenges for Wall Street lenders that European banks have been dealing with for years, Lorenzo Bini Smaghi, the chairman of Societe Generale, told CNBC Saturday. The U.S. central bank was divided on projections for a rate cut this year at its last meeting, but the
The outlook for Chinese stocks may be risky given the uncertain state of U.S.-China trade relations. But Lewis Kaufman, a portfolio manager at Artisan Partners, thinks investors should buy them anyway. “Regardless of what ultimately happens with the China trade tensions, there is a robustness to China that doesn’t exist anywhere else in the emerging
Phoenix Wang | Moment | Getty Images When it comes to retirement savings, many Americans miss the mark. On average, Americans believe they need $1.7 million to retire, according to a recent survey from Charles Schwab, which looked at 1,000 401(k) plan participants nationwide. In fact, “that’s a pretty good number if you average out
John W. Weeks Bridge, Dunster House, Havard University, Cambridge, Boston, Massachusetts, America Getty Major universities have big endowments in the tens of billions. These funds, often a result of donations, support financial aid, teaching and improved resources for the universities. Perhaps more importantly, with billions of dollars to invest you can afford some of the
Credit: Getty Royalty Free Getty A provision in the Tax Cuts and Jobs Act of 2017 encourages so-called opportunity zones in low-income areas. You as an investor can put money into new enterprises there, using the capital gains you earned on other investments you sold–and get a tax break. For help on how that works,
Timing is remarkably important in the real estate industry. Whether you’re buying or selling, it’s crucial to pay attention to the current trends in your local real estate market so you can strike the best deal possible. After all, depending on how the market is trending, acting sooner or waiting it out a few months could make all
An interview with billionaire Private Equity titian and co-founder of The Carlyle Group, David Rubenstein. In this interview, David discusses his life and the lessons he has learnt along the way. David also talks about how he got started in Private Equity and creating the Carlyle Group. ????Books recommended by David Rubenstein are located at
Richard Harbaugh | Disney Parks The shelves at Disney’s new theme park land Star Wars: Galaxy’s Edge in California aren’t bare, but there are a few items you won’t be able to get your hands on right away. The Black Spire Outpost on the planet Batuu is a mecca for Star Wars fans. Here fans