James Harris Simons, popularly known as Jim Simons, is one of the most iconic figures in hedge fund history. Renaissance Technologies relies on quantitative techniques that are based on statistical and mathematical models to achieve systematic trading. Its popular Medallion Fund, which is exclusively available to former and existing partners, was up 9.1% in Q1 2021, continuing its trend from the previous year, during which the fund gained 76%. The hedge fund has a robust portfolio that is spread out across multiple industrial segments. In this article, Insider Monkey focuses on Simons’ high-yield dividend picks. Here are the 10 best…
Author: Isabelle Acosta
The use of the internet and LAN in video games brought the revolution of multiplayer gaming. Now people play multiplayer games with their friends or other people online. These developers are continually striving to enhance the gamer’s experience through innovative and unique content. The lucrative nature of the gaming industry has attracted the attention of tech giants, including Amazon.com, which is also building a service to stream games to a computer, phone or Amazon Fire TV. However, the service didn’t take off as expected, and the company ended contracts with several gaming studios, with Apple Arcade creative producer reportedly saying…
There are close to 8 billion people in this world. The quality of life for most people in developing economies is not even close to adequate, with lack of infrastructure being a major reason behind this. In developing countries, no such security was provided, which resulted in an exponential increase in poverty. Insider Monkey believes it’s quite clear that quality of life varies significantly across country and regions. People often believe that the presence of international services like Netflix Inc and Uber Technologies Inc are signs that the quality of life is increasing across the board. The quality of life…
Investors who held on to their stocks through the lows of the lockdown and did not panic can expect record gains. Amazon, Facebook and Apple were driving this recovery, partly due to consumer spending habits during COVID-19. According to management consultancy McKinsey, more than 50% of US consumers will spend extra money to treat themselves as lockdown eases. An average person can expect to see at least 14 bear markets during 50 years, and with every bear market, a bullish trend follows. There is even some evidence to suggest that a tech bubble is dominating the stock market. Here is…
Billionaire David Harding’s business has a team of scientists tasked with fostering a research environment heavily dependent on statistical and quantitative research to facilitate informed trading decisions. Harding is also the founder of Winton Capital Management which has been operating since 1997. Mr Harding, however, described the fund’s overall performance as disappointing due to the substantial decline in asset value courtesy of the unfavourable economic environment. Most of the losses that Winton Capital suffered in 2020 were from currencies and equities, which were coincidentally hugely impacted by the coronavirus and the economic decline that ensued. It offloaded 327 stocks and…
Social media allows users to keep in touch with their relatives and friends. In recent years, there has been a significant rise not only in the number of these social media apps but also in the usage of social media apps. In comparison, the other social media apps are way behind Facebook, Inc. This means social media platforms are used by one in three people in the world and more than two-thirds of all internet users. Each app has its peculiar customer base. Moreover, 81% of people aged 30 to 49 use social media apps, 73% of people aged from…
If you are a newbie who is learning to play the guitar and wondering what might be some of the beginner country guitar songs that are fun and easy to play, just read Insider Monkey’s list of 15 Beginner Country Guitar Songs That Are Fun and Easy to Play. Learning how to play the guitar entails learning chords, notes, scales, riffs, and numerous other things. And for the basic easy chords, newbie guitarists should always incorporate country songs in their repertoire. These songs are the easy, light, and touchy songs that carry relatable, down-to-earth messages. The USA is recognized as…
In the midst of all the chaos, there was a bull trend in the stock market for technology stocks that had adapted to the new economic conditions and seemed to thrive in them. It is worthwhile to note that the S&P 500 Index ranks the biggest companies of the United States according to their market capitalizations. The dominance of the technology stocks on the stock market is explained by the returns they offer to investors globally. Some analysts are skeptical about soaring valuations and stock prices of technology giants and growth companies like Tesla, Inc. Many famous investors and hedge…
The technology sector is one of the few areas of the industry where big and small players compete for relevance on a regular basis. Some analysts have described the increased interest in tech stocks as a bubble that is going to burst and bring the whole market down as technology firms now make up more than 20% of the S&P 500. Shares of cloud service providers like Five9, Inc. have surged on the back of increased work from home demand, and this has led to an increase in the demand for computer chips to maintain cloud data centers, driving the…
Besides the innovation of meatless animal protein alternatives, rising consumer understanding of the health hazards of consuming too many animal products and the ethical and environmental consequences of animal agriculture is fueling the demand for vegan foods worldwide. One of the widely popular vegan companies in the global market is California-based vegan food startup Impossible Foods. In April 2019, Impossible Foods collaborated with Burger King to introduce the Impossible Whopper. .Major food companies know that plant-based food popularity will only grow in the coming years as the vegan trend becomes a norm worldwide. Danone S.A.’s portfolio was diversified by the…
The hotel industry has shown consistent growth over the past few years, with over 700,000 hotels worldwide which are contributing over $3.41 trillion to the global economy. Another notable name in the luxury hotel industry is Hilton Hotels & Resorts, owned by Hilton Worldwide Holdings Inc. Other major luxury hotel brands in the US include Hyatt Hotels Corporation, Holiday Inn, and Las Vegas Sands Corp. Some noteworthy geographic markets for luxury hotels are in China, Canada, and Europe. The Japanese market is expected to grow at 0.6%, while the Canadian market will grow at 1.9% by 2027. Many hotels in…
According to estimates by the United Nations World Tourism Organization, tourism destinations worldwide welcomed 1 billion fewer international arrivals in 2020 when compared to the previous year, equating to a 74% drop that was the highest reported since records started being kept, even beating the fall due to the 2009 financial crisis. After an estimated $1.3 trillion in export revenue losses in 2020, there are still possible stumbling blocks to the recovery of the industry, as the spread of new variants of the virus and hesitant governments not willing to lift lockdown curbs. Many sub-sectors of the tourism industry, like…