Medallion Fund, a private employee only hedge fund that employs a few hundred PhD researchers that create mathematical algorithms to beat the market. Since inception it has an average annual CAGR of 66.1% and to date has achieved about a **3billion** % return.
It has never had a year of negative returns.
It's wild. Take that Buffet!
And yes I know this chart only goes back to 1988 when Medallion fund was created but even if you go all the way back to Berkshire inception, the results for Berkshire are barely a drop in the bucket compared to Medallion 😲
