Hamptons Homebuyers Have Already Figured Out How to Game the Tax Plan

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Out in the Hamptons, Wall Street’s favored beach used on Long Island, intermediaries and buyers already have a workaround for a tax-plan clause under consideration in Congress that would take away the mortgage-interest thinking for second homes. A client of Brown Harris Stevens broker Jessica von Hagn who works at a hedge fund decided to […]

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Billionaire Mathematician James Simons Flopped the First Time He Invested

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James Simons is an giving mythology. He founded a wildly successful hedge fund, Renaissance Technology LLC, that utilizes Ph.D. mathematicians to detect insidious predictive patterns in market data. He’s increased a net worth of roughly $16 billion, according to the Bloomberg Billionaires Index. In a talk on Oct. 26, Simons revealed that he hasn’t always […]

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