When You’re A Systematic Investor, Your Process Makes The Decision

Episode #310: Kathryn Kaminski, AlphaSimplex, “When You’re A Systematic Investor, Your Process Makes The Decision” Guest: As Chief Research Strategist at AlphaSimplex, Dr. Kathryn Kaminski conducts applied research, leads strategic research initiatives, focuses on portfolio construction and risk management, and engages in product development. Dr. Kaminski is a member of the Investment Committee. She also serves…

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Why the Medallion Fund is the Greatest Money-Making Machine of All Time

As Greg Zuckerman noted in The Man Who Solved the Market, Renaissance’s flagship Medallion Fund generated 66% annualized returns (before fees) and 39% annualized returns (net of fees) from 1988-2018. To put this performance in perspective, $1 invested in the Medallion Fund from 1988-2018 would have grown to over $20,000 (net of fees) while $1 invested…

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Crocs Comeback

The chart below popped up on one of my feeds this morning and I have to admit I am confused as to the message it is trying to convey. The theme is that CROX has made one of the great comebacks in the history of the universe. However, there is always more than one way…

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