2012-12-27 — ritholtz.com
``"The S&P 500 has now outperformed its hedge-fund rival for ten straight years, with the exception of 2008 when both fell sharply. A simple-minded investment portfolio--60% of it in shares and the rest in sovereign bonds--has delivered returns of more than 90% over the past decade, compared with a meagre 17% after fees for hedge funds (see chart below). As a group, the supposed sorcerers of the financial world have returned less than inflation."''
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.
