(Marketwatch) It’s turning into another wonderful year for everyone involved in the hedge fund business. Except, of course, for the clients. Stop me if you’ve heard this one before.
The leading index of hedge funds shows that this collection of highly paid geniuses, with all their computer models, “black box” investing mysteries, proprietary techniques, super computers, and ranks of Particle Physics PhDs are once again putting in an investment performance considerably worse than the proverbial dartboard.
