3 ms·
A rough calculation assuming 35% for 5 years is they made 1.35^5, about ~4.5x. Now it's ~2.2x since they lost 53%. The good news is you didn't get wiped out, b
by mmahemoff 6y ago
A rough calculation assuming 35% for 5 years is they made 1.35^5, about ~4.5x. Now it's ~2.2x since they lost 53%.
The good news is you didn't get wiped out, but it's about what a "boring" S&P 500 index would have earned since 2014, and would be worse than the index if you had invested after 2014.
- kasey_junk 6y agoPeople that invest in hedge funds are looking for risk differences as much as total returns. A fund that returns the same as the S&P but has a completely different risk profile is a very strong win.