Jim Simons arguably runs one of the largest and most successful hedge funds ever, Renaissance Technologies LLC. Shockingly, in a rare interview last year Jim gave away his secret to market timing and the reason behind his hedge fund’s success. My jaw nearly hit the floor when he started talking about Euler Characheristic, cubes, spheres, toruses, vertices, edges, multiple dimensions, etc…. in his presentation.
The audience didn’t have a clue that the concept he was talking about is not some arbitrary mathematical theory, but the secret to his market success.
