Pair Trading has been revealed as the trading strategy behind the world’s most successful trader, Jim Simons, who achieved a 2,710% return on billions of dollars over 10 years. The flagship fund of Jim’s firm, Renaissance Technologies, is called the Medallion Fund. It is still the best long-term performing hedge fund in history.
Don’t take our word for it! Here’s what the Founder and President of Renaissance Technologies had to say publicly in Congressional testimony:
The fund’s 30-year rate of return (66% p.a.) turned $1 invested in 1988 into over $4,010,000 by 2018 (Source: Wikipedia)
And an excerpt from “Who Is The Best Trader In The World?
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