MEDALLION FUND LITERALLY PRINTED MONEY IN THE LAST 30 YEARS
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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.
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What if you
could invest in a fund which has compounded annually at the rate of 63.3% over the last
30 years?
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Who Owns Renaissance Technologies?
Renaissance Technologies was founded by Jim Simons; a former Cold war code breaker and a famous mathematician.
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Lined Circle
Simons and algebraist James Ax started a hedge fund and named it Medallion in honor of the math awards that they had won.
What Is Medallion Fund?
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Performance Of Medallion Fund
If you had invested $1,000 in the Medallion Fund; after 30 years you would now have $20 million (after fees).
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How Does Medallion Fund Work?
The Medallion fund embodies the “
will robots take my job
” sentiment prevalent on Wall Street.
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