Thanks for bringing up Medallion Fund, Founded in 1988 by mathematician Jim Simons. Maths, Stats & lot of Algos that run this fund. $1 invested in the Medallion Fund from 1988-2021 would have grown to almost $42,000 (net of fees). Short summary of the book describing him at Multi-Disciplinary Reading - Book Reviews
In my next model, I will try to cover how pay-off management changes whole picture. Thanks.