News for hackers. Stuff that matters.
Re:A Jim Simons Market Mystery – Solved? Not:-) by bmitc on Saturday February 11, 2023 @11:05PM (#34759598)
It's because James Simons is a serious and actually intelligent person with depth of knowledge, and thus, he is one that doesn't need to opine on random things. He also makes a lot of money in a very secretive way. I'm not sure why anyone expects him to expound in detail on how Renaissance Technologies does it. Simons also spends more money than some governments on very serious and advanced scientific research. I suppose he's rather busy with all his investments and philanthropy. Musk is busy selling himself and filling his unfillable ego.

You can see in Simons' TED interview with Chris Anderson how he gets rather annoyed with Chris at times, particularly when Chris mentions Simons' "amazing mind" at around 8:30. Simons seems, to me, to be a rather pragmatic and humble person who doesn't particularly enjoy flattery. Chris even throws out a quote by Musk at the very end of the interview, fishing for some similar platitude from Simons, but Simons deftly avoids giving out such an empty quote.

https://www.youtube.com/watch?v=U5kIdtMJGc8

Most interestingly, you can tell Simons' like of science and mathematics and alludes to his interest when he mentions his investment into the origins of life towards the end.

There are two interesting talks or interviews I know of with Simons:

* Full-length Numberphile interview: https://www.youtube.com/watch?v=QNznD9hMEh0

* His lecture on his life given at MIT: https://www.youtube.com/watch?v=SVdTF4_QrTM

Simons actually attributes a lot of his success to luck.

Re:A Jim Simons Market Mystery – Solved? Not:-) by knewter on Sunday February 12, 2023 @12:19AM (#34760083)
Ah yes, the man whose businesses revolutionized rocketry and electric vehicles doesn't do serious and advanced scientific research
Re:A Jim Simons Market Mystery – Solved? Not:-) by ahoya on Sunday February 12, 2023 @01:05AM (#34760322)
He bought those companies, he didn’t found Them. Anybody can buy a car company or a rocket company if they are rich enough. The only thing he invented was PayPal, and that was not original. And it wasn’t even his idea alone.
Re:A Jim Simons Market Mystery – Solved? Not:-) by TheAlchemist on Sunday February 12, 2023 @01:22AM (#34760406)
Ideas are useless. Execution is everything.

And we can like Elon or not (I'm definitely in the latter camp lately) but if it was as easy as you say, there would be tons of other companies making such breakthroughs.

Re:A Jim Simons Market Mystery – Solved? Not:-) by user_named on Sunday February 12, 2023 @02:00AM (#34760590)
Execution isn't theoretical research.
Re:A Jim Simons Market Mystery – Solved? Not:-) by Firmwarrior on Sunday February 12, 2023 @02:19AM (#34760671)
Yeah, people forget that during the 90s and 00s it was a well-known meme that we had the tech for electric cars, and oil companies had buried it

Love him or hate him, Elon didn't let his memes be dreams

Re:A Jim Simons Market Mystery – Solved? Not:-) by ahoya on Tuesday February 14, 2023 @03:09PM (#34795243)
Most cars were electric in the late 1800s
Re:A Jim Simons Market Mystery – Solved? Not:-) by bee_rider on Sunday February 12, 2023 @01:21AM (#34760399)
He hires serious researchers fairly well. It’s a skill. One that doesn’t give much room to play Tony Stark, though.
Re:A Jim Simons Market Mystery – Solved? Not:-) by RandomLensman on Sunday February 12, 2023 @03:41AM (#34761127)
I don't think he has anything like the Chern-Simons forms to show for.
Re:A Jim Simons Market Mystery – Solved? Not:-) by vkou on Sunday February 12, 2023 @03:54AM (#34761196)
You're confusing the person who owns the car factory with the person who actually designed and built your car.

They both require skills, but the skillset most sought out in the former group is being really good at self-promoting.