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0 pointsdatadrivenangel2y ago0 comments

Aren't there some shenanigans with those numbers around their larger funds not doing as well?

It's easy to make a few high margin dollars, hard to make a lot of high margin dollars.

0 comments

They limited the fund size so employees frequently got distributions from the fund instead of just rolling over their investments. However, the distributions were still in the millions of dollars.

They also got into some tax trouble with uncle sam and had to pay 7b in back taxes (https://www.wsj.com/articles/james-simons-robert-mercer-othe...)

danielmarkbruce2y ago

depends on your definition of "few". Rentech made a "few" for very large "few".

paulpauper2y ago

lol . Only made tens of billion. What a failure.

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