$28 Billion Day Trader that Even Warren Buffett Acknowledges

During Berkshire-Hathaway’s 2021 annual shareholders meeting they were asked by Becky Quick: “What do you think of quants?” “Jim Simons Medallion Fund has done +39% net of fees for three decades, which proves that it works.” Warren Buffett’s response: “But they were very smart.” Charlie Munger: “Yes, they got very rich. And very high grade […]

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