It’s not really that simple. Some funds outperform the market consistently (BRK isn’t a hedge fund but is a good example of outperformance) Others stick to thei

It’s not really that simple. Some funds outperform the market consistently (BRK isn’t a hedge fund but is a good example of outperformance) Others stick to their name and hedge against certain things. It’s so hard to truly evaluate performance by all metrics, it might as well be impossible. For the average person, the best way is probably to stick their money in the S&P 500 and forget about it. But what about outliers, like founders with 95% of their wealth in company x? They might want to hedge their bets as it were.