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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