Hedge Funds And S&P 500 Nearly Identical - Business Insider:
This one surprised me. I was expecting the normal "Hedge funds don't outperform" article but this is much better. It shows that hedge funds while not outperforming indexes, have (on average) had lower risks.
A look in:
" ...the path of achieving the 8.6% return would have been dramatically different between these two. The
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