Medallion Fund “Stretches Explanation to the Limit,” Professor Claims

Re:Medallion Fund “Stretches Explanation to the Limit,” Prof... by toss1 on Wednesday January 29, 2020 @09:51AM (#22181105)

OK, what behaves like a Ponzi scheme that lasts too long?

Money Laundering of assets on a national scale, e.g., for oligarchs who have taken 95% of a nations' wealth. Their biggest problem is to get it "legitimately" into the international money system.

If the fund owners have really discovered a technological "secret sauce", why isn't it working in their other funds?

Not a conclusion, but a valid open question.

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Re:Medallion Fund “Stretches Explanation to the Limit,” Prof... by xt00 on Wednesday January 29, 2020 @11:12AM (#22182086)

Closed to outside funds in 1993 (shortly after ussr collapse), returns after fees (and paying everybody as well at the firm) are above 50%, assets of 10 billion and anything above the 10 billion gets paid out every year.. so roughly 5 billion plus gets paid out every year? I mean, as a wise man said “I want to believe” but yea feels / smells like you said.. oligarch money laundering... 5billion in clean money every year.. not bad..

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