#387 Jim Simons Built The World’s Greatest Money-Making Machine

Jim Simons published a list of five guiding principles that he used throughout his career. The second principle that he listed was surround yourself With the smartest people you can find. When you see such a person, do all you can to get them on board. That extends your reach and terrific people

Are usually fun to work with. This actually reminded me of Jeff Bezos. From day one, in his very first shareholder letter, Jeff Bezos emphasized. The importance of having the very best team. And he wrote. Setting the bar high in our approach to hiring has been and will continue to be The single most important element

of Amazon's success. Bezos's focus on talent is just like this quote from Steve Jobs that happened in an interview that Steve gave that very same year in nineteen ninety seven. Steve said. I think that have consistently figured out who the really smart people were to hang around with. You must find extraordinary people.

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