Why You Can't Beat the Market Like Jim Simons Did

The Renaissance Technologies Medallion Fund has reportedly returned 66% per year on average, before fees, for the period spanning 1988 to 2018. That’s right - 66% per year on average. Long-term consistent performance like this raises a lot of questions: Is the market efficient? Do index funds still make sense, or should you be trying to replicate the trading success of the Medallion Fund?

The Man Who Solved the Market https://www.amazon.ca/Man-Who-Solved-Market-Revolution/dp/073521798X

Reference in this video:
- Medallion Fund: The Ultimate Counterexample? https://poseidon01.ssrn.com/delivery.php?ID=893002127097026115066119068112002086117078019060066055110021095103025087069023102068013121004003017116060024102003064064102114116082071048061023031107093088109049023048104088112089002081027112006106124100067092110000101067109126112123127098097081&EXT=pdf


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