Medallion Fund Literally Printed Money In The Last 30 Years

We all know that the secret to getting insanely rich is to accumulate assets and avoid liabilities. The difficult part is knowing in advance which asset gets us there faster.

Who Owns Renaissance Technologies?

Renaissance Technologies was founded by Jim Simons; a former Cold war code breaker and a famous mathematician.

What Is Medallion Fund?

Simons and algebraist James Ax started a hedge fund and named it Medallion in honor of the math awards that they had won.

Performance Of Medallion Fund

The performance of Medallion fund has astounded everyone. In fact, if you had invested $1,000 in the Medallion Fund; after 30 years you would now have $20 million (after fees).

While we may not agree with everything he says, there are nine decades of wisdom buried in Warren Buffett’s quotes.

How Does Medallion Fund Work?

Since the early days, Renaissance has been collecting and curating vast data archives of everything. From economic metrics to the weather to trading sentiment and a million other variables.

How Big Is Medallion fund?

The Medallion fund manages roughly $10 billion in assets. The secret to their outperformance also lies in the fund size.

How Do I Invest In Medallion fund?

The Medallion fund has been closed to outside investors since 1993 and is available only to current and past employees of Renaissance Technologies and their families.

In fact, working at Renaissance Technologies only for the ability to invest in the Medallion Fund; is the ultimate example of improving human capital to accelerate Financial Freedom.

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