Let’s learn about the most famous hedge funds, and the ultra-wealthy billionaires that run them 📰

🥇 Jim Simons’ Renaissance Technologies.

Renaissance invests based on quantitative trading, aka pure computer algorithms, and was founded by legendary mathematician Jim Simons! 👩‍💻

They boast an industry-leading annual return of 35% in the last 30 years. ✨

So if you had invested just $1,000 in the fund 30 years ago, that could have turned into over $8.3 million!

Thanks to his fund’s mind-blowing performance, founder Jim Simons is worth over $30 BILLION, making him one of the richest people in the world!

2️⃣ Bill Ackman’s Pershing Square.

They invest in equities, options and fixed-income assets. 📊

You can copy-trade Pershing Square on Bloom with our Auto-Portfolios feature!

Its average annual return is a whopping 23% over the last 19 years – in 2022 alone they made over $4.4 billion! 🤯

Its founder and CEO, Bill Ackman, is a celebrity in the financial industry, and has accumulated a personal net worth of over $3.6 BILLION.

3️⃣ Ray Dalio’s Bridgewater Associates.

They focus on macroeconomic trends, and invest in assets like currencies and interest rates. 💱

Its average annual return is 12% over the last 30 years, and its founder Ray Dalio is worth over $15 billion! 💵

So, all of these firms invest in stocks plus a bunch of other assets! 🥳

Some throw in real estate and currencies but they mostly differ by how they invest. 🤔

Some hedge funds mostly rely on computers and others analyze global economics. 🔍

Fortunately for you, you can automatically copy the investments of some of the top hedge funds right on Bloom! 🥳

Who knows, if you continue your investing journey, maybe you’ll run a hedge fund someday. 😎