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The most glaring error in this article is that the author is talking about the hedge fund industry as a whole, but he uses the S&P 500 as a benchmark. Hedge fun
by tpeng 12y ago
The most glaring error in this article is that the author is talking about the hedge fund industry as a whole, but he uses the S&P 500 as a benchmark. Hedge funds that don't invest in equities are not, and should not be, benchmarked to the S&P 500.
- shkkmo 12y ago1) > Hedge funds that don't invest in equities are not, and should not be, benchmarked to the S&P 500 Why not? 2) So what DO you benchmark the industry as a whole against?