Quote of the day by Jim Simons: "We have three criteria. If it’s publicly traded, liquid and amenable to modeling, we trade it"

Economic Times featured a quote by Jim Simons highlighting his three criteria for trading: assets must be publicly traded, liquid, and amenable to modeling. The article discusses how his quantitative, data-driven approach at Renaissance Technologies relied on statistical patterns and mathematical models rather than intuition or narrative-driven investing. It frames Simons' philosophy as a reminder that disciplined, rule-based processes can outperform conventional stock-picking over the long term.