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"If this doesn’t seem like a big deal to you, just imagine pushing $1,000,000 into your life insurance company. And then they take that million and invest it in
by chrisbennet 14y ago
"If this doesn’t seem like a big deal to you, just imagine pushing $1,000,000 into your life insurance company. And then they take that million and invest it in a hedge fund that is producing 20% returns per year." (Table of 10 years of gains.)
Do hedge funds really return 20%? For 10 years?
- chollida1 14y agoA few do, RenCap is a good example, though good luck getting your money into them. Most don't, Most measure themselves against an index and then mark their P/L accordingly, ie if your index is the Nasdaq and you return -10% in 2001 then you did really well, you just didn't get a bonus:)
- deleted 14y ago[deleted]