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Medallion never had a down year, which is what I was referring to, although they have had some monthly losses. The odds on a fund having Medallion's returns in
by Tycho 14y ago
Medallion never had a down year, which is what I was referring to, although they have had some monthly losses. The odds on a fund having Medallion's returns in a strong-EMH environment are astronomical - so either it is a cosmic fluke or the EMH is incorrect. Occam's Razor suggests the latter.
(also I was never talking about your computer program)