3 ms·
I'd actually like to see the citation for the poor performance of hedge fund managers, or are you just basing this comment on the recent media portrayal?
by bd_at_rivenhill 17y ago
I'd actually like to see the citation for the poor performance of hedge fund managers, or are you just basing this comment on the recent media portrayal?
- _delirium 17y agoHere's one analysis, which while not all bad, is not particularly positive either: http://www.cfapubs.org/loi/doi/abs/10.2469/faj.v61.n6.2775 http://www.cfapubs.org/loi/doi/abs/10.2469/faj.v61.n6.2775
- bd_at_rivenhill 17y agoThanks for pointing this one out. I'm looking forward to a year or two from now when someone can do a study of hedge fund performance net of fees vs. a benchmark such as S&P500 over the last 10-20 years including 2008 and 2009. I would expect hedge funds to outperform, and the last 2 years have been a once-in-a-generation event to check that hypothesis against.