http://www.forbes.com/lists/2009/10...st-people_The-Worlds-Billionaires_Rank_3.html After making 80% return net of fees in his flagship fund, he is now worth $8 bill. Last year was about 4.5B. With 50% p.a. he will be #1 in 4 years from now. Well, at least aside from Rothschilds, Queen of England and the Vatican connected people...
Hmmm... Will there be enough raised money in the rentec funds to xfer to his medallion fund to get that return y/y?
Thats a very very good point !!! Is there another Madoff in the making ? I really hope not because so far i admire Simons a lot