The Renaissance Medallion fund made over 30% per year, so people who had heard o... | Hacker News

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		wmf on Nov 12, 2022 \| parent \| context \| favorite \| on: FTX faces potential hack, sees mysterious outflows... The Renaissance Medallion fund made over 30% per year, so people who had heard of that would be primed to believe that 15% was possible.

fortran77 on Nov 12, 2022 [–]

Yeah, but anyone who thinks about it realizes that a rate that high simply isn't sustainable.

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