Medallion Fund's Unrivaled Run - 40% annual avg return after fees
Simons launched Renaissance Technologies after leaving academia and in 1988 started the Medallion Fund, which through last year generated an unrivaled annual average return of about 40 percent, according to calculations by Bloomberg.
Medallion evokes the greatest mystery. It employs trading strategies to predict price changes in global markets that over three decades no one on Wall Street has been able to replicate.
https://www.bloomberg.com/news/articles ... ivaled-run