
By InsiderMonkey
Hedge funds
are much better investors than you are made to believe by the financial press. Even hedge fund indices hide the truth about hedge funds’ amazing talent in picking winners and losers. I am going to present convincing evidence of this.
However my advice to you is to dump your hedge funds
.
The fact is that most hedge fund investors
don’t make as much money as they did in the nineties and the first half of the past decade, where alpha in excess of 10% was the norm. Aggregately speaking, hedge funds’ alpha has been in decline over the past decade for several reasons. They are as follows: