3 ms·
Yeah, this is basically why passive is great. People say hedge funds are good in a downturn, but the odds of a downturn in any given year are not actually that
by ultramancool 10y ago
Yeah, this is basically why passive is great. People say hedge funds are good in a downturn, but the odds of a downturn in any given year are not actually that high.
- tosseraccount 10y agoFrom the Professor Damodaran's historical returns link: From 1928-2015, of the 88 years, 24 were down years. Probability of a down year is 27%