Of these four total funds, the Medallion Fund is easily the most successful. Since its inception, Medallion has earned over $100 billion in profits for its investors,representing around a 39% average net return.
To put this in context, a dollar invested with the Medallion Fund thirty years ago would have beaten the returns of the S&P Index by 2,000 times – and the profits of Wall Street’s most famous investor, Warren Buffett, by a factor of 200.
But how is Medallion doing today? Remarkably, the fund had an excellent 2020, despite the COVID headwinds. The fund grew 76% last year, and continued its momentum going into 2021, gaining 9.7% in the first quarter. Again, the fund is still outperforming the S&P, which only gained 6.2% so far this year.
