Jim Simons Achieved the Dream of Not Managing His Hedge Fund

This post originally appeared in Money Stuff.

It is a strange and upsetting fact about investing that probably the best investor ever does not seem to be particularly interested in investing. Like, Warren Buffett, good investor, probably a top-5 investor, and the guy basically wakes up and spends his day reading corporate financial statements. That makes sense, that’s how it ought to be, sure he has immense natural talent and soft skills and luck and opportunity, but he combines those things with constant focused enthusiastic hard work. He has become great at investing by devoting his whole life to it. Normal stuff.