Bloomberg on Nostr: How Renaissance's Medallion Fund Became Finance's Blackest Box ========== The article ...
How Renaissance's Medallion Fund Became Finance's Blackest Box
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The article discusses the rise and success of Renaissance's Medallion Fund, a highly secretive hedge fund. It explores the fund's use of mathematical models and algorithms to generate high returns, as well as its limited access to outside investors. The Medallion Fund has consistently outperformed other hedge funds, with annual returns averaging around 40%. The article also highlights the controversy surrounding the fund's tax practices and its impact on the broader hedge fund industry. Overall, the Medallion Fund's success and secrecy have made it a subject of fascination and speculation in the financial world.
https://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box
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The article discusses the rise and success of Renaissance's Medallion Fund, a highly secretive hedge fund. It explores the fund's use of mathematical models and algorithms to generate high returns, as well as its limited access to outside investors. The Medallion Fund has consistently outperformed other hedge funds, with annual returns averaging around 40%. The article also highlights the controversy surrounding the fund's tax practices and its impact on the broader hedge fund industry. Overall, the Medallion Fund's success and secrecy have made it a subject of fascination and speculation in the financial world.
https://www.bloomberg.com/news/articles/2016-11-21/how-renaissance-s-medallion-fund-became-finance-s-blackest-box