[stanferder]

I find it really hard to believe that the fund can be generating returns so consistently by pursuing a variety of different strategies over time.

It seems very unlikely that Renaissance/Medallion constantly finds these things, whereas other operations almost never do.

The conspiracy theorist in the back of my brain thinks that Renaissance/Medallion hires a lot of eggheads so they can plausibly claim to keep finding mathematical and operational edges, but the actual money-making strategy might be something else entirely.

[RookyNumbas]

These eggheads (very) occasionally move to other firms and see similar returns. Of course rentech then sues those other firms for all the profits they make. And they win.

[chollida1]

> These eggheads (very) occasionally move to other firms and see similar returns. Of course rentech then sues those other firms for all the profits they make. And they win.

Not true at all as far as I know.

Name one member of RenTech that went else where and made similar returns; I don't think you can because its never happened as far as I know.

The closest I can think of is Pavel Volfbeyn and Alexander Belopolsky leaving to join the Millenium fund.

Their performance there was so poor even not comparing their performance to what RenTech did so much so that they were let go even after Millenium settled the lawsuit with RenTech that allowed them to stay at Millenium.