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Comment by paulpauper

The Medallion fund has been restricted mainly to RenTech employees since 2005 as the firm took steps to keep its size around $10 billion. The fund has historically averaged annualized returns approaching 80 percent before fees, but such gains can slump when it gets too big. Even employees face annual investment limits, and Medallion also typically distributes its profits every six months instead of reinvesting the gains.

How is that even possible? even warren buffett only averaged around 15-20 a year

parent paulpauper 7 years ago

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