The Renaissance Technologies Medallion Fund has reportedly returned 66% per year on average, before fees, for the period spanning 1988 to 2018. That’s right - 66% per year on average. Long-term consistent performance like this raises a lot of questions: Is the market efficient? Do index funds still make sense, or should you be trying to replicate the trading success of the Medallion Fund?
The Man Who Solved the Market [ Ссылка ]
Reference in this video:
- Medallion Fund: The Ultimate Counterexample? [ Ссылка ]
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