he is an outlier until the day he is not.So what do you guys think of Ray Dalio in that case
No doubt9 billion AUM and down 28%. I am sure he will raise assets despite this next year.
Institutional allocators are very patient with pedigreed money managers.
the hedge fund industry is based upon a mirage that they can outperform the general market. it has never been proven that they can outperform a buy and hold strategy.
Are we retails the same?the hedge fund industry is based upon a mirage that they can outperform the general market. it has never been proven that they can outperform a buy and hold strategy.
if they do not outperform they under perform unless the results are exactly equal.As a whole they underperform if I am not mistaken.
yes, especially if you are paying high commissions to a mainstream broker like merril lynch, who somehow advises to make a change in your portfolio near the end of a pay period for the broker. to quote myself:"years ago there was a book about the brokerage industry with the title where are the customers yachts. the same scenario exists for the hedge fund industry."Are we retails the same?
As a whole, retails also underperform? Who over perform?As a whole they underperform if I am not mistaken.