2 ms·
>Hedge funds overall do not outperform index funds in the long run But the Medallion Fund does apparently, which is my point. How can they have 70+% returns ye
by hash872 6y ago
>Hedge funds overall do not outperform index funds in the long run
But the Medallion Fund does apparently, which is my point. How can they have 70+% returns year after year for decades in a world where EMH is true? Their existence seems to disprove it, no?