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Actually the Medallion fund is only about $6 billion I believe. The rest of the money is managed in funds which are open to non-employees (and those ones don't
by Tycho 11y ago
Actually the Medallion fund is only about $6 billion I believe. The rest of the money is managed in funds which are open to non-employees (and those ones don't make anything close to 35% annualised returns).
- auntienomen 11y agoOne other wibble: the 35% isn't the average, but rather the smallest annual return.
- ssanders82 11y ago"average annual return of more than 35 percent" I don't think they meant every year was greater than 35%, I interpreted it as the overall average is more than 35%.
- MagicWishMonkey 11y agoDo you know which funds are available to non-employees?
- Tycho 11y agoThe ones I know of are RIEF (Renaissance Institutional Equities Fund) RIDA (Renaissance Institutional Diversified Alpha) RIFF (Renaissance Institutional Futures Fund) Of course there's probably still very large minimum investment thresholds.