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The Medallion Fund by Renaissance Technologies has had an average annual return of 71.8% from 1994-2014.
by krembanan 4y ago
The Medallion Fund by Renaissance Technologies has had an average annual return of 71.8% from 1994-2014.
- ryeights 4y agoWhat is not known, however, is if those returns were achieved through legal means…
- robbintt 4y agoAre you referring to the tax evasion? I think they paid a slap on the wrist. Otherwise I am interested.
- 314 4y agoBernie Madoff promised high returns while obfuscating his business model as well. It went well until it no longer did.
- chii 4y agoinnocent until proven guilty. presumably the SEC would have their software sift through transactions to correlate insider trading (which is one form of illegal way to make money).
- worik 4y ago> innocent until proven guilty. This is not a court of law. This is finance. If it is too good to be true it is "guilty". What was the other option? Irrelevant.