$Medallion Financial (MFIN.US)$ Jim Simons, the founder of t...
$Medallion Financial(MFIN.US$ Jim Simons, the founder of the Medallion Fund has done what most people consider to be impossible. His fund has consistently beaten the market over the last 30 years. The fund has had an average return of 66% before fees during the period of 1988-2018!
To put these returns in perspective, $100 invested into the Medallion Fund in 1988 would have converted into $398 Million by 2018. Even net of fees, the fund has outperformed S&P 500 returns by ~1000 times and Warren Buffet’s returns by ~200 times!
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