Jim Simons began as a mathematician and founded Renaissance Technologies who's
Medallion fund compounded investors money at a mind blowing rate of nearly 40% per year net of fees between 1988-2018 with only a single down year.
"$100 invested in Medallion at the start of 1988 would have grown to $398,723,873."
Simons was a true investing legend. RIP
Hope you find this article interesting / informative:
https://www.cornell-capital.com/blog/2020/02/medallion-fund-the-ultimate-counterexample.html
