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Does anyone know how the Medallion fund has performed taking the tax settlement(s?) into account?

• ksherlock 5y ago
  From the WSJ report: Because the settlement relates to the tax treatment of Medallion’s gains, it doesn’t affect the fund’s historic returns, which top almost every other hedge fund.
  • mikeyouse 5y ago
    For a fun exercise, these activities took place between 2005 and 2015 -- call it 2010 to split the difference. If you assume that they knew they'd likely get dinged for the $7B and just kept that amount in their fund and invested it alongside their employee money - how much profit did they make by litigating this for 10 years to delay the payout?
    • kyleee 5y ago
      Is this a new common core 5th grade curriculum maths word problem?
    • cidquick 5y ago
      0, the Medallion fund is capacity constrained.
      • mikeyouse 5y ago
        Sure - but they do have a stable of other funds with no such constraints (although with "worse" performance).
        • carnitine 5y ago
          Not sure why you say worse in quotes - they are much, much worse.
    • vpribish 5y ago
      dated info here, but they've always said the fund is capacity-limited so has to throw off billions in profits per year, it does not get to stay and compound.
• maximilianroos 5y ago
  Like almost any investment fund, it doesn't pay taxes — its investors pay taxes on their gains