Re:Renaissance Technologies
by 55555 on Monday November 11, 2019 @11:12PM
(#21511457)
> And before someone says that it's a scam, there's no outside investors in the Medallion fund anymore, so if it is a scam, they would only be scamming their own employees. And if that was the case, I think we would know.
There are other possibilities. For example shifting profitable trades that occurred in their external funds to their internal funds. In which case it is partly a 'scam' and they would not be scamming their own employees.
There are other possibilities. For example shifting profitable trades that occurred in their external funds to their internal funds. In which case it is partly a 'scam' and they would not be scamming their own employees.