Hedge Funds Have Actually Been Pretty Good Stock Pickers This Year

Business Insider – The hedge fund industry has been taking a lot of heat in recent days and years for delivering poor performance at a high cost.

Indeed, according to a recent report from Goldman Sachs, the average hedge fund returned a measly 2.5% during the first half of the year compared to the S&P 500 which returned 12.6% (13.8% including dividends).

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