Page 1
Page 1
Started By
Message

RIP to the greatest investor of all time, Jim Simons

Posted on 5/10/24 at 2:24 pm
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 5/10/24 at 2:24 pm
LINK

If you had invested $10k in the medallion fund in 1988 you would have $420m today.

If you had invested the same amount into SPY, today you’d have $400k.

If you had invested the same amount into BRK, today you’d have $1.5m.
This post was edited on 5/10/24 at 7:41 pm
Posted by Saunson69
Member since May 2023
1908 posts
Posted on 5/10/24 at 5:31 pm to
Seems like BRK is not as successfull as they used to be. They were in 80 90s 00s and 10s. But they are barely beating SP500 recenly. Not even sure about SP100. Something tells me it's because Buffet is so old and is hesitant to get into AI and tech which is where the money is today. His style worked decade or decades ago. World is changing though.

A semiconductor ETF prob has better returns than buffet
This post was edited on 5/10/24 at 5:32 pm
Posted by Shepherd88
Member since Dec 2013
4592 posts
Posted on 5/10/24 at 6:36 pm to
Buffet has done a solid job for an all around portfolio but his bet on Apple early on really drove a lot of his returns.

Simons was just different, he would know when to use leverage and just changed the way people thought about investing. Completely different philosophy than Buffet.

Simons doesn’t have the longevity that Warren has had but he doesn’t get the attention he’s deserved in my opinion. 66% gross annual returns for 30 years is unbelievable.
Posted by Stateguy
Baton Rouge
Member since Dec 2006
890 posts
Posted on 5/10/24 at 9:22 pm to
quote:

his bet on Apple early on really drove a lot of his returns


this article implies otherwise

LINK

quote:

19.8% average annual return from 1965 through 2022


quote:

Berkshire first bought Apple stock in Q1 2016, and then continued and even accelerated his buying throughout 2016 and into 2017
Posted by slackster
Houston
Member since Mar 2009
85114 posts
Posted on 5/10/24 at 10:32 pm to
quote:

this article implies otherwise


Maybe I misread it but without Apple BRK would really be lagging the market the last decade.

Warren has largely made his money in the first 30 or so years of his career, but many of his investments sans-Apple since 2000 have been questionable. Look at something like KO which has been a dog for a long time - Bill Ackman even questioned him about KO in the late 90s/early 00s about it at an annual meeting and Warren wouldn’t budge from it. Ackman was right though.

Good news is you only have to be right on one or two for it to matter.
first pageprev pagePage 1 of 1Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram