According to Bloomberg news Renaissance Technologies' Medallion Fund 'averaged a 71.8 percent annual return, before fees, from 1994 through mid-2014'. Is this true? If so, how did they do it? - Quora
![Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" / Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" /](https://pbs.twimg.com/media/EJWfZsJWkAAO00v.png)
Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" /
Why aren't their more funds with methods and returns like Jim Simon's medallion fund - after all this fund is based on algorithms and mathematical analysis rather than a stock pickers insight (
According to Bloomberg news Renaissance Technologies' Medallion Fund 'averaged a 71.8 percent annual return, before fees, from 1994 through mid-2014'. Is this true? If so, how did they do it? - Quora
![How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium](https://miro.medium.com/v2/resize:fit:1280/0*H8qiUISehmK7NrGc.png)
How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium
![How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium](https://miro.medium.com/v2/resize:fit:1280/0*eCE4WpLgY2PcUhWc.png)
How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium
Quartr on X: "Visualizing the Medallion Fund's net returns by year since inception (1988-2022) 🧮 As brilliantly told in this week's @AcquiredFM episode, the story of Jim Simons and his Renaissance Technologies
![Uncovering the Mathematics behind the World's most Profitable Hedge Fund | by A Continual Learner | Medium Uncovering the Mathematics behind the World's most Profitable Hedge Fund | by A Continual Learner | Medium](https://miro.medium.com/v2/resize:fit:1400/1*2La5PCOzlz6HCppQ0-W8zQ.jpeg)