As a world-renowned mathematician, Simons co-developed the influential Chern-Simons theory and worked as a Cold War codebreaker. As a pioneering quantitative investor, Simons founded Renaissance Technologies, known for its secretive and wildly profitable Medallion Fund. And in his current role as a philanthropist, Simons and his wife Marilyn established Math for America and have given billions to science-backed projects through The Simons Foundation.
This spring, Simons, who holds degrees from MIT and University of California, Berkeley, received the S. Donald Sussman Fellowship, awarded to individuals or groups who exhibit innovation and excellence in quantitative investment strategies and models.
“That company did poorly, and then it did wonderfully,” Simons said. “Businesses are often that way. If you start off doing one thing and it doesn’t go well, you change and do something else. It’s not often that the original plan works perfectly.”
But he didn’t see eye to...
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