I agree that they are not. They continue to outperform many long only equity funds and mutual funds. There is a reason why the most sophisticated investors keep pouring money into them.
Here is a performance report for the hedge fund industry that I just finished about 3 weeks ago.
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1 Richard Wilson, Hedge Fund Consultant // Apr 17, 2008 at 5:52 pm
I agree that they are not. They continue to outperform many long only equity funds and mutual funds. There is a reason why the most sophisticated investors keep pouring money into them.
Here is a performance report for the hedge fund industry that I just finished about 3 weeks ago.
http://richard-wilson.blogspot.com/2008/04/hedge-fund-performance-q1.html
- Richard
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