Hacker News new | ask | show | jobs
by streetcat1 2457 days ago
You cannot compare the S&P returns to a VC return since the risk profile is different. You would need to compare the risk-adjusted return (alpha).

For example, as a hedge fund, I got 5%, and the s&p did 13%. Howver my stddev is 0.1% while the s&p is 20%.