Ben Gilbert: commitment

Transcript context

…Oh, we are going to talk a lot about that towards the end of the episode, because I think it’s the key to the whole thing. Ooh, Cliffhanger. David. I’m excited. So what exactly does Renaissance do? Why does it work? And how did it evolve to be the way it is today? While the resources out there are scarce because for one, employees sign a lifetime non-disclosure agreement, David and I are going to take you through everything we’ve learned about the firm from our research dating all the way back before Jim Simons started as a math professor to understand it all. This episode was selected by our Acquired limited partners. To be honest, I didn’t think enough people knew what RenTech was to pick it, but when we put it out for a vote, the people have spoken. So if you want to become a limited partner and pick one episode each season and join the quarterly Zoom calls with us, you can join at acquired.fm/lp. If you want to know every time a new episode drops, sign up at acquired.fm/email. These emails also contain hints at what the next episode will be and follow-up facts from previous episodes. For example, we had a listener, Nicholas Cullen, email us, this time who found the actual document with the by-laws of Hermes’ controlling family shareholder H51, which we linked to in this most recent email. Come talk about this episode with us after listening at acquired.fm/slack. If you want more from David and I, check out ACQ2. Our most recent episode was with Lotte Bjerre Knudsen, who led the team that created the first GLP-1s at Novo Nordisk, so awesome follow-up to the Novo episode if you liked that one. Yup. With that, the show is not investment advice, David and I may have investments in the companies we discuss, or perhaps wish we did, and this show is for informational and entertainment purposes only. David, where do we start our story today? We start in 1938 in Newton, Massachusetts, which is a fairly wealthy suburb just outside of Boston, where one James Simons is born. Both of Jim’s parents were very, very smart, especially his mother, Marsha. His dad was a salesman for 20th Century Fox, the movie company. His job was he went around to theaters in the northeast and sold packages of movies to them.…

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