Quote:
Originally Posted by Balticfox
I'm skeptical. Hedge funds call themselves that because the correlation coefficient of their returns against those of the stock market are low. That though doesn't mean they can't be very risky indeed. That's what history shows anyway.
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So why do they attract such huge amounts of capital, if people would be better off with index funds, or a mix of index funds and bond funds? Countless billions are invested in these funds.