According to Bloomberg news Renaissance Technologies' Medallion Fund 'averaged a 71.8 percent annual return, before fees, from 1994 through mid-2014'. Is this true? If so, how did they do it? - Quora
![Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: Amazon.co.uk: Simons, James, Mayers, Jonathan, Waxman, Chairman Henry: 9784082519704: Books Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: Amazon.co.uk: Simons, James, Mayers, Jonathan, Waxman, Chairman Henry: 9784082519704: Books](https://m.media-amazon.com/images/I/71kmtz4ToZL.jpg)
Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: Amazon.co.uk: Simons, James, Mayers, Jonathan, Waxman, Chairman Henry: 9784082519704: Books
![Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021. Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021.](https://preview.redd.it/46tasqjebbz61.png?width=700&format=png&auto=webp&s=f852a042e3407738685026f27b6cc9709593c749)
Renaissance Technologies, a New York City based hedge fund, bought a NEW position of 5.6 million shares of ViacomCBS Inc(VIAC) in quarter one 2021 and have NOT sold as of March 31,2021.
![The Medallion Fund Is Still Outperforming. Other Renaissance Funds Still Aren't. | Institutional Investor The Medallion Fund Is Still Outperforming. Other Renaissance Funds Still Aren't. | Institutional Investor](https://www.institutionalinvestor.com/media/AMG/II/articles/1/1/1/Medallion_Simons_0421.jpg)
The Medallion Fund Is Still Outperforming. Other Renaissance Funds Still Aren't. | Institutional Investor
![Renaissance Technologies: Generating Alpha without Wall Street Veterans or MBAs - Digital Innovation and Transformation Renaissance Technologies: Generating Alpha without Wall Street Veterans or MBAs - Digital Innovation and Transformation](https://d3.harvard.edu/platform-digit/wp-content/uploads/sites/2/2017/02/Picture2.png)
Renaissance Technologies: Generating Alpha without Wall Street Veterans or MBAs - Digital Innovation and Transformation
![How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium](https://miro.medium.com/max/1280/0*H8qiUISehmK7NrGc.png)
How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium
![Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: 9784082519704: Amazon.com: Books Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: 9784082519704: Amazon.com: Books](https://images-na.ssl-images-amazon.com/images/I/71kmtz4ToZL._AC_UL210_SR210,210_.jpg)
Jim Simons's Medallion hedge fund and Renaissance technologies testifies before the House Oversight Committee.: 9784082519704: Amazon.com: Books
![Renaissance Technologies' 13F filings may offer a peek inside the quant's black box - WhaleWisdom Alpha Renaissance Technologies' 13F filings may offer a peek inside the quant's black box - WhaleWisdom Alpha](https://whalewisdomalpha.com/wp-content/uploads/2019/04/image-1.png)
Renaissance Technologies' 13F filings may offer a peek inside the quant's black box - WhaleWisdom Alpha
![How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium](https://miro.medium.com/max/1280/0*eCE4WpLgY2PcUhWc.png)
How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium
![Nick Maggiulli on Twitter: "For all of you who would have abandoned the Medallion Fund after the first 10 years at 40%, thanks for playing! https://t.co/OYbRmhKdnn" / Twitter Nick Maggiulli on Twitter: "For all of you who would have abandoned the Medallion Fund after the first 10 years at 40%, thanks for playing! https://t.co/OYbRmhKdnn" / Twitter](https://pbs.twimg.com/media/EJW6WfeWwAY94Yc.jpg)