Wednesday, December 19, 2007

Simons at Renaissance Cracks Code, Doubling Assets

Certainly not the Graham/Buffett/Munger type of value investor (Renaissance is all quant), but an interesting story nonetheless. What is also interesting is that if you search for RENAISSANCE TECHNOLOGIES CORP on the NASDAQ web site, it appears Renaissance's biggest purchase during the third quarter was Berkshire Hathaway (when you add up the A and B shares)!
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