> I have yet to hear of an investor or a fund manager, though, who consistently beats the market. Renaissance's Medallion fund is one such outlier. They have a

> I have yet to hear of an investor or a fund manager, though, who consistently beats the market. Renaissance's Medallion fund is one such outlier. They have averaged crazy returns over decades now, but they are likely only able to achieve such returns by being a small employee-only fund. [0] https://en.wikipedia.org/wiki/Renaissance_Technologies#Medallion_Fund https://en.wikipedia.org/wiki/Renaissance_Technologies#Medal...