Acquired
Renaissance Technologies
Ben Gilbert
In 2002, Medallion managed over $5 billion, but it controlled over $60 billion of investment positions. David, this exposes something we haven't shared yet on the episode, which is it's not just that they could find $5 billion worth of profitable trades. It's that they want to deliver the crap out of $5 billion and find $60 billion of profitable trades to make.
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