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June 2010

Renaissance Technologies and the Secrets of Hedge Fund Success

June 29, 2010 by MoneyScience   Comments (0)

Well worth a read: Does Renaissance Technologies - arguably the most successful hedge fund in the history of the world - know why it makes as much money as it does? A couple of weeks ago, I thought that it did, after reading a piece about RenTech’s Robert Frey in the FT. One of the fund’s four principles, he said, was rationality – "it can’t just be statistically valid"....

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