thoughts on Hedge Fund Performance
Nice chart
from Bloomberg on Hedge Fund Performance since 2016. Although I am not a fun of
the HFRI Hedge Fund Total Return Index (it suffers from many biases, like
survivorship bias), you can see that for Investors focused on the medium to
long term, investing in hedge funds still make sense because they are less
volatile than the S&P 500 and are a
good tool to lower correlations in a long term investment portfolio.
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