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Famed Medallion Fund “Stretches . . . Explanation to the Limit,” Professor Claims
Jim Simons (Illustration by II; Brendan Smialowski/Bloomberg)
In a paper, UCLA professor Bradford Cornell raises questions about how Renaissance Technologies’ flagship fund could produce 66 percent gross returns since inception. Others — including some who advised him on the paper — are less skeptical.
By Amy Whyte January 26, 2020
Renaissance Technologies
Robert Mercer
UCLA
Cornell
Bradford Cornell