>We hear about Paulson because he's an edge case. We don't hear about the funds that won big, but not quite as big as Paulson but who have had much better risk

>We hear about Paulson because he's an edge case. We don't hear about the funds that won big, but not quite as big as Paulson but who have had much better risk management practices. At least we know a bit about their average performance, which has been very poor over the past 5 years: https://www.hedgefundresearch.com/family-indices/hfri https://www.hedgefundresearch.com/family-indices/hfri