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Entrepreneurship | Startups | Business on Instagram: "When your fund prints money like a machine, you don’t charge normal fees — you rewrite the rules. Jim Simons’ Medallion Fund at Renaissance Technologies isn’t just another hedge fund — it’s the most profitable fund in history. While the industry standard is “2 and 20,” Medallion charges a jaw-dropping 5% management fee and 44% performance fee… and investors still line up. Why? Because the returns are legendary. From 1988 to 2018, Medallion av