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Posted on: April 25, 2017, 5:59 p.m.
Henry Laufer was teaching math at Stony Brook University on Long Island in the late 1980s when he got a call from Jim Simons. A former colleague, Simons had left academia to start Renaissance Technologies a mile down the road, and his hedge fund was struggling. Would Laufer help him find a better way to predict commodity prices? Three decades later Laufer is a billionaire four times over, and Simons is even richer. Their Medallion Fund, based on models that find ... Full investment news articleRelevent to this post: Stony Brook University Renaissance Technologies Corp,