Alternative investments market round-up: Not indispensable
"The company could run very well without me" -Jim Simons, founder of Renaissance Technologies
"We’ve done well and we have grown because of very good senior management. This is very far from a one-man shop. The company could run very well without me."
Jim Simons, founder of $20 billion-plus Renaissance Technologies, who is refreshingly humble for a hedge fund manager, explains why his fund isn’t concerned about succession planning should he ever step down.