A secretive $120 billion hedge fund founded by a Cold War codebreaker has vastly outperformed Warren Buffett over the past three decades.
A dollar invested in Renaissance Technologies' flagship Medallion fund in 1988 would reportedly be worth $27,000 net of fees in 2018, dwarfing a $107 return from Buffett's Berkshire Hathaway over the same period.View Business Insider's homepage for more storiesA secretive $120 billion hedge fund, founded by a Cold War codebreaker and math professor, vastly outperformed Warren Buffett over the past 30 years.counts Chipotle and Facebook among its largest investments.
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