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I don't get how such a wrong statement is upvoted in this thread. The larger "public" funds are for strategies that can't be used at Medallion but still provid
by nojito 6y ago
I don't get how such a wrong statement is upvoted in this thread.
The larger "public" funds are for strategies that can't be used at Medallion but still provide value for others.
> Noah Smith himself worked at SUNY Stony Brook, which is heavily funded by Simons.
Simons is very clear that his money is to go to the Math and some science departments. Noah is out of their Finance department.
Even if you take the senate report at face value...it only explains 1/5th % of their yearly returns.