Matt Levine, Columnist

Good Hedge Funds and Naughty Banks

Also social media, politics, blockchains and Blood Unicorns.

October 11, 2016 at 1:28 PM UTC

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions lawyer at Wachtell, Lipton, Rosen & Katz; a clerk for the U.S. Court of Appeals for the 3rd Circuit; and an editor of Dealbreaker.

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Renaissance is having a nice run.

Quanty hedge-fund firm Renaissance Technologies "has staged a comeback after an uneven spell," with mid-teens returns and $7 billion of new investor money over the past year. I feel like you see a lot of this these days: