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Thursday, November 7, 2019

Think it's too late? The world's greatest fund manager didn't make money until he was 52

Jim Simons had modest wealth at 52; now he's worth $23 billion Financial markets -- and risk taking in general -- are largely the domain of the young. Early adulthood is the time to swing for the fences while middle age is a time for prudence, perhaps risking a manageable part of the nest egg.

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