How Jim Simons’s Trading Strategy Changed the Market

How Jim Simons’s Trading Strategy Changed the Market

What is Jim Simons’s trading strategy? Why did his strategy take off in the 1990s and 2000s? Jim Simons’s trading strategy was so unique that it made him one of the best money managers in modern financial history. It focused on buying or selling currencies at the right time based on the model’s predictions of when they were most likely to rise or fall in value. Let’s look at how the Renaissance strategy dominated the Quant Era of Wall Street.

Reject Perfectionism in Art—Mistakes Are Part of the Process

Reject Perfectionism in Art—Mistakes Are Part of the Process

Are you a creator and a perfectionist? Are you aware that perfectionism actually hinders creativity? One aspect of being an artist is cultivating a creative mindset. Such a mindset keeps you inspired and helps you work through challenges and creative blocks. Perfectionism isn’t part of a creative mindset; in fact, it gets in the way of the artistic process. Read more to understand why perfectionism in art is problematic.

How to Support a Shy Child: It’s Not About Confidence

How to Support a Shy Child: It’s Not About Confidence

Do you have a child who’s hesitant in social situations? What’s the best way to encourage them? In her book Good Inside, clinical psychologist and parent Dr. Becky Kennedy contends that hesitancy in a child isn’t about confidence. In fact, she argues, a shy child knows who they are and what makes them comfortable or uncomfortable. Keep reading to learn how social hesitancy is more about comfort than confidence and how this understanding can help you provide a shy child with the kind of support they need.

Manager Performance Survey: How to Rate What Truly Counts

Manager Performance Survey: How to Rate What Truly Counts

Are you an effective manager? What would the people on your team say? What score would they give you? Employee engagement in the workforce is at an all-time low. Russ Laraway says the solution is better management. He argues that managers must focus on goals, coaching, and career development, and he says that employees should rate the manager’s effectiveness in each of these areas. Read more to get Laraway’s ideas for a manager performance survey that will help you know how you’re doing where it really counts.

The FTC’s “Click to Cancel” Regulation—Explained

The FTC’s “Click to Cancel” Regulation—Explained

Do you dread canceling subscriptions because the process can be so convoluted? Did you know companies do this on purpose? The global subscription services market is expected to double in size by 2026. Much of its success comes from making it difficult for people to cancel their subscriptions. The US Federal Trade Commission has proposed a “Click to Cancel” rule that would crack down on deceptive company practices. We’ll take a look at the Click to Cancel rule below.

Barbarians at the Gate: KKR’s Rivals for RJR Nabisco

Barbarians at the Gate: KKR’s Rivals for RJR Nabisco

How did Kohlberg Kravis Roberts & Co. come to be the highest bidder in the RJR Nabisco LBO? How many competitors did KKR have to beat? Although CEO Ross Johnson didn’t think many financial companies were interested in buying RJR Nabisco, many stepped up. According to Bryan Burrough and John Helyar’s book Barbarians at the Gate, KKR was the highest bidder in the contest for RJR Nabisco. Keep reading to learn about all the companies who bid for RJR Nabisco, including KKR.

How Jim Simons’s Education Helped Him Become a Billionaire

How Jim Simons’s Education Helped Him Become a Billionaire

What is Jim Simons’s educational background? Where did Simons study before he became a billionaire money manager? Before he used mathematical models to dominate the market and become a billionaire, Jim Simons was just a student interested in math. The Man Who Solved the Market by Gregory Zuckerman details his educational background before his stellar financial career. Find out more about Jim Simons’s education and how he discovered investing.

Have a Frustrated Child? How to Build Their Frustration Tolerance

Have a Frustrated Child? How to Build Their Frustration Tolerance

Is your child easily frustrated with themselves? Do they have perfectionistic tendencies? Parenting is hard. That doesn’t mean that you’re a bad parent or that you have a bad kid. Dr. Becky Kennedy provides strategies that help you get to the root of your child’s behaviors so that you can effect lasting change while keeping your relationship positive. Here’s her advice for building up frustration tolerance in an easily-frustrated child.

Best Alternative to a Negotiation Agreement: Explained

Best Alternative to a Negotiation Agreement: Explained

What’s a best alternative to a negotiated agreement? Why should you calculate your and your counterpart’s BATNA and reservation value? Negotiation Genius by Deepak Malhotra and Max H. Bazerman suggests you prepare two main things before entering a negotiation. These are your and your counterpart’s best alternative to a negotiated agreement (BATNA) and reservation value (RV). Check out how to easily calculate both below.