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Why Would Warren Buffett Throw Shade at Jim Simons?
The Berkshire Hathaway CEO, criticizing active management at his annual meeting in Omaha, called out the Renaissance Technologies’ founder over high fees and limited capacity.
At Berkshire Hathaway’s live-streamed annual meeting Saturday, chief executive Warren Buffett laid out a grim, pandemic-spooked outlook. He also took the opportunity to quibble with Renaissance Technologies founder Jim Simons’ hedge funds.Buffett’s comments on Simons were in response to an e-mailed question asking whether the era of indexing was over,
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