What is so different about Renaissance Technologies Medallion Fund when compared with other quant funds and companies that cause them to have so much higher returns? - Quora
What is the secret behind Renaissance Technologies? Can mathematics really be used to bring high returns to investors? - Quora
![Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee. Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.](https://m.media-amazon.com/images/I/71kmtz4ToZL._AC_UF894,1000_QL80_DpWeblab_.jpg)
Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.
![Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in](https://pbs.twimg.com/media/E8OMA4KUYAAhgrn.png)
Trung Phan on X: "1/ The crown jewel of RenTech is The Medallion Fund (launched in 1988). ◻️ From 1988-2018, it posted a return of 66%/yr (39% after fees) ◻️$1 invested in
![Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" / Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" /](https://pbs.twimg.com/media/EJWfZsJWkAAO00v.png)
Nick Maggiulli on X: "For reference, here are the annual returns for the Medallion Fund (net returns include the 5% management and 44% performance fee). This is from Greg Zuckerman's book: https://t.co/WI7XNuPQoE" /
![Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021. Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021.](https://preview.redd.it/46tasqjebbz61.png?width=700&format=png&auto=webp&s=f852a042e3407738685026f27b6cc9709593c749)
Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021.
![Trung Phan on X: "26/ LEVERAGE Having built a trading machine on great data and execution combined with diversification, banks (Deutsche, Barclays) are happy to lend RenTech money. Medallion typically levers 12.5x ( Trung Phan on X: "26/ LEVERAGE Having built a trading machine on great data and execution combined with diversification, banks (Deutsche, Barclays) are happy to lend RenTech money. Medallion typically levers 12.5x (](https://pbs.twimg.com/media/E8R7hyWVcAMgNAb.png)
Trung Phan on X: "26/ LEVERAGE Having built a trading machine on great data and execution combined with diversification, banks (Deutsche, Barclays) are happy to lend RenTech money. Medallion typically levers 12.5x (
![Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee. Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.](https://m.media-amazon.com/images/I/71rNnXzDpFL._AC_UF894,1000_QL80_DpWeblab_.jpg)
Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.
![The SP 500 Index Out-performed Hedge Funds over the Last 10 Years. And It Wasn't Even Close | American Enterprise Institute - AEI The SP 500 Index Out-performed Hedge Funds over the Last 10 Years. And It Wasn't Even Close | American Enterprise Institute - AEI](https://www.aei.org/wp-content/uploads/2021/01/HFTablea.jpg?x85095)