Wall Street’s Best Kept Money Making Secret

Behind the hedge fund with 39,900,000% total returns even Warren Buffett couldn’t match.

Vic Danh
ILLUMINATION

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In 1988, a little known hedge fund named Medallion launched, founded by eccentric mathematician Jim Simons along with his company Renaissance Technologies. Over the next three decades, Simons pioneered a data-driven, algorithmic approach to investing that seemed to uncover hidden patterns in markets and predict the unpredictable. His secretive fund quietly turned an initial $100 investment into almost $400 million by 2018, dwarfing even the returns of legendary investors like Warren Buffett along the way.

So how has this quant fund managed to smoke practically every other investor for over 30 years, achieving returns that should not even seem possible? Through extensive research and interviews, I reveal Medallion’s mysterious magic formula — and why you likely can’t get a piece of this investing goldmine.

Absolute Domination: $100 to $398 Million

First, let’s appreciate just how outrageously good Medallion’s returns have been compared to all other options for putting your money to work:

Credits: Bloomberg — screenshot by author

Medallion has absolutely crushed investing legends managing hundreds of billions of dollars with access to the…

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