> 2. Highly skilled Hedgefunds like Medallion who do great on average, but they are small
Medallion usually does well, but hedge funds underperformed in the 2010's.
Medallion usually does well, but hedge funds underperformed in the 2010's.
That's a bit of an understatement. The lowest yearly return since 1990 after fees and expenses has been 20%. Since 2005 their lowest yearly return has been 29%.
They practically print their own money. Their strategies appear to have low capacity, I'll give you that.