![Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in](https://pbs.twimg.com/media/E8OMA4KUYAAhgrn.png)
Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in
What is so different about Renaissance Technologies Medallion Fund when compared with other quant funds and companies that cause them to have so much higher returns? - Quora
![Barry Ritholtz on X: ""When Day Traders Do Well, It's Probably Just Luck" There are exceptions, most notably, Jim Simons + the Medallion Fund, whose returns since 1987 are 2,091,747% https://t.co/0Bc1VMGPiT https://t.co/jJLuzxvNzy" / Barry Ritholtz on X: ""When Day Traders Do Well, It's Probably Just Luck" There are exceptions, most notably, Jim Simons + the Medallion Fund, whose returns since 1987 are 2,091,747% https://t.co/0Bc1VMGPiT https://t.co/jJLuzxvNzy" /](https://pbs.twimg.com/media/E3r7SJOWYAgKxEl.jpg)
Barry Ritholtz on X: ""When Day Traders Do Well, It's Probably Just Luck" There are exceptions, most notably, Jim Simons + the Medallion Fund, whose returns since 1987 are 2,091,747% https://t.co/0Bc1VMGPiT https://t.co/jJLuzxvNzy" /
![The SP 500 Index Out-performed Hedge Funds over the Last 10 Years. And It Wasn't Even Close | American Enterprise Institute - AEI The SP 500 Index Out-performed Hedge Funds over the Last 10 Years. And It Wasn't Even Close | American Enterprise Institute - AEI](https://www.aei.org/wp-content/uploads/2021/01/HFTablea.jpg?x85095)