![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)
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
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
![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/Picture1.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*5K9EPdLYYV7N2g4Z.png)
How The Medallion Fund sustained 66% p.a. for 30 years and generated $100 Billion | by the1millionproject | Medium
![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
![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/51eYUGqvgML._SX384_BO1,204,203,200_.jpg)