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by hugh3
5554 days ago
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Where's the evidence for this one? I went googling for "hedge funds underperform" and found an article about how major hedge funds had indeed underperformed the S&P 500 over 2010, but outperformed it over the three-year-period 2008-2010. That is, of course, how hedge funds ought to work -- smoothing out the dips (2008) at the cost of being slightly conservative in the booms. |
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