This podcast episode explores Renaissance Technologies (Rentech), the best performing investment firm in history, and its unique approach to data-driven trading. Founded by Jim Simons, a former code breaker, Rentech employs scientists and researchers instead of traditional investors. They focus on data analysis and have developed proprietary trading models that consistently outperform the market. Rentech's flagship Medallion Fund is closed to outside investors, with only the firm's partners allo...