Re:Medallion Fund “Stretches Explanation to the Limit,” Prof...
by ajmurmann on Wednesday January 29, 2020 @09:03AM
(#22180539)
Could they been moving money from their open to investments , less successful funds to the medallion fund? Maybe even thought the market via trades?
[ Parent
| on HN ]
Re:Medallion Fund “Stretches Explanation to the Limit,” Prof...
by Noughmad on Wednesday January 29, 2020 @09:25AM
(#22180759)
This makes a lot of sense. Sacrificing a percent of profit from other funds won't make that much of a different in the minds of possible investors, but managing a fantastically high fund must be a good advertisement.
Re:Medallion Fund “Stretches Explanation to the Limit,” Prof...
by RookyNumbas on Wednesday January 29, 2020 @09:32AM
(#22180851)
No, the medallion fund existed for 20 years before these other funds were opened.
Re:Medallion Fund “Stretches Explanation to the Limit,” Prof...
by papln on Wednesday January 29, 2020 @10:37AM
(#22181651)
Was Medallion fund Rentec's only business, or was there other business they could skim from?
Re:Medallion Fund “Stretches Explanation to the Limit,” Prof...
by RookyNumbas on Wednesday January 29, 2020 @12:09PM
(#22182954)
James Simons had a funds for tech startups. But it wasn't nearly large enough to support the kind of profits that happened.