Sorry should have made it clear was referring to index in the article S&P 500. And no, most hedge funds can’t even match it. Once you figure in the fees they ac

Sorry should have made it clear was referring to index in the article S&P 500. And no, most hedge funds can’t even match it. Once you figure in the fees they actually make less money for their clients. It’s known facts, look at historical returns. Sure, there are some that do much better for 15 years and then lose most of the extra wins in one year, still figure in the fees for investor and it’s never worth it. You have better odds at the roulette table just doing your own gambling. I recommend “Common Sense on Mutual Funds” by John C. Bogle on this topic.