So presumably, there is a 75% chance that the Medallion fund will lose money (he...

marvin on July 9, 2015 | parent | context | favorite | on: I.R.S. Cracks Down on Hedge Fund Tax Strategy

So presumably, there is a 75% chance that the Medallion fund will lose money (hedge fund = zero sum) for the first time ever, during the next few years. I don't think this interpretation of the maths is correct.