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> 2020, Renaissance funds' performance ... Since this is in reply to me, let me ask, what's the implication here? The tone of your post sounds like you disagre
by baobabKoodaa 6y ago
> 2020, Renaissance funds' performance ...
Since this is in reply to me, let me ask, what's the implication here? The tone of your post sounds like you disagree with me, but it's not clear what exactly you disagree with? Grandparent claimed that no-one can beat the market. I said that Renaissance Medallion Fund beats the market. Then you post a single-year performance of +76%, which is a really good performance for 2020. So... you agree with me?
- scarmig 6y agoI don't disagree with you that individuals can outperform the market. I do think it's worth pointing out that that doesn't mean that the average retail investor will generally outperform the market, even if they're sophisticated enough to have even heard of Renaissance.