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The key word in hedge fund is hedge. They're not supposed to outperform the market. They're supposed to not fall as far as everything else during a crash as wel
by selectodude 4y ago
The key word in hedge fund is hedge. They're not supposed to outperform the market. They're supposed to not fall as far as everything else during a crash as well.
Granted, that's not really how things work in practice anymore, but that's supposed to be the idea.