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A comment on Hedge-fund managers that do the most research will post the best returns. Parent comment

Re:Hedge-fund managers that do the most research will post t... by IBM on Thursday March 22, 2018 @12:20PM (#16650010)
How scalable is RenTec? Can they go up to 100B in AUM? 200B?
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Re:Hedge-fund managers that do the most research will post t... by MagnumOpus on Friday March 23, 2018 @04:40AM (#16656150)
No they can't. I think they have order of magnitude of 10bn of their own money in their good strategies (Medallion et al), and another 10bn-ish of external money in their bad/stale strategies (which are still among the better hedge funds and can charge 1%+10).

But reputedly they neither allow external money into Medallion nor do they let employees compound their existing stake in the fund but pay out ginormous 20%-40% annual dividends exactly because the strategy is not scalable.

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Re:Hedge-fund managers that do the most research will post t... by ycombobreaker on Thursday March 22, 2018 @08:41PM (#16654081)
Why would they need to?
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