Jim Simons.The Abel Prize/YouTube Jim Simons discussed hiring, quantitative and fundamental investing, and the principles he lives by. The RenTech founder predicted Warren Buffett's traditional investing style wouldn't become obsolete. Simons trumpeted the importance of beauty, originality, persistence, luck, and high-quality people. Jim Simons discussed why his hedge fund employs scientists instead of bankers, defended Warren Buffett's relevance in an age of supercomputers and algorithmic trading, and shared the five principles he lives by in a recent, rare interview during the 2022 Abel Prize Week."We hired statisticians, physicists, astronomers, mathematicians — the important thing was that they were very smart," the Renaissance Technologies founder said about his early recruitment strategy."I like to say that you can teach a physicist finance, but you can't teach a finance person physics," the former NSA codebreaker and MIT math professor added.RenTech, one of the biggest and best-performing hedge funds in history, is a quantitative fund that relies on algorithms to decide the bulk of its trades.