4 ms·
This is wrong. The people at Renaissance have a lot of their money invested in the other two funds. This is one of the main reasons they built the other two fu
by auntienomen 7y ago
This is wrong. The people at Renaissance have a lot of their money invested in the other two funds. This is one of the main reasons they built the other two funds; they needed a way of managing money that didn't fit in Medallion.
Simons, for example, has a ~$21B fortune, and I doubt he gets more than 1/3rd of Medallion's $10B capacity. He's probably got more money in RIEF than in Medallion.