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1/Today in @bopinion , I talk about the legacy and career of Jim Simons, the founder of Renaissance Technologies, who is stepping down as the hedge fund's chairman.

8/So a fund like Medallion isn't really comparable to, say, the return of the S&P. One compounds, the other does not. Why? Because the market inefficiencies Medallion exploits are limited in size. And thus, Medallion's profit opportunities are limited in size.

Target-date fund sales in the red in 2020 as CITs rose, older workers fled: Morningstar report via

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The coronavirus relief deal signed by President Donald Trump in December 2020 includes $54.3 billion in direct aid for K-12 public schools in an education stabilization fund. Learn more about relief funding for individual states in this interactive chart.

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2/Simons' fund beat the market -- consistently, by huge percentages, after fees. That's an astonishing accomplishment.

Quick Poll: Which of these firms do you think will hit $100b in fund assets?

The inclusion record of Sweden’s financial industry isn’t pretty. It’s among the worst for major recipient countries of migrants, according to OECD. One well known Black hedge-fund manager is speaking out about the discrimination he's experienced

NANS urges Nigerian government to provide coronavirus support fund for universities, polytechnics

The fund'>SoftBank Vision Fund managing partner involved in its bets on unicorns including DoorDash and Opendoor is leaving the firm

The financial priorities of your 30s: 🏠 Save 20% for a home down payment ❌ Do not invest safety fund in anything risky ⏳ Consider the timeline for your retirement Learn more from @NASDAQ ’s #SmartInvesting  tips:

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I’m moving $1B of my Square equity (~28% of my wealth) to #startsmall  LLC to fund global COVID-19 relief. After we disarm this pandemic, the focus will shift to girl’s health and education, and UBI. It will operate transparently, all flows tracked here:

When we win I, as your President, will totally forgive ALL deferred payroll taxes with money from the General Fund. I will ALWAYS protect Seniors and your Social Security! Sleepy Joe Biden will do the opposite, he will raise your taxes and DESTROY our Country!

BREAKING: Social Security Chief Actuary: Trump's proposal to eliminate payroll taxes would deplete the fund'>Social Security Trust Fund by 2023, "with no ability to pay benefits thereafter."

Florida passed a $15 minimum wage Montana, South Dakota, Arizona & New Jersey legalized marijuana Colorado passed 12 weeks of paid family leave Arizona increased taxes on the rich to fund education All over America, voters approved a progressive agenda. Now, Congress must act

This is that time when all that matters is the lives of our people. And we need to do anything and everything it takes. I pledge to contribute Rs 25 crores from my savings to @narendramodi  ji’s PM-CARES Fund. Let’s save lives, Jaan hai toh jahaan hai. 🙏🏻

Please stop calling undocumented people who pay taxes “freeloaders”. A freeloader is a trust-fund billionaire who pays $0 in federal income taxes for 10 out of 15 years and then receives top-notch government-funded health care when he gets sick.

So let me get this straight: We can afford billions on new F-35s, but we can’t afford to fund the USPS to deliver medicine to veterans and seniors?

"Your indifference cost these men and women their most valuable commodity: time." Jon Stewart receives a standing ovation from 9/11 first responders after slamming lawmakers for failing to fund programs providing healthcare to the first responders

Chris Long gave his paychecks from the first six games of the NFL season to fund scholarships in Charlottesville, VA. He wanted to do more, so he decided to give away an entire season’s salary. That’s a story from 2017.

Here's what I know. Republicans walked away from negotiations last night, and this morning showed up with: - no real funding to save hospitals - no real funding to save states - slush fund for corporations - no-strings bailouts for corporations This is $1.5T. Do it right.