Trading News on Instagram: "Renaissance Technologies charged what may be the highest fees in investing history and investors still lined up. The firm ran on a brutal model: a 5% flat management fee plus 44% of profits. Critics called it excessive. Investors complained. Some even demanded to leave. But the returns kept coming. The flagship Medallion Fund reportedly generated gains so strong that Renaissance eventually bought out all outside investors, not out of pressure, but because the strategy
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Trading News on Instagram: "Renaissance Technologies charg…
11.1K views2 months ago
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