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A comment on Dalio Exits: Hedge Fund Billionaire Extracts Billions More to Retire. Parent comment

Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor... by smabie on Thursday February 23, 2023 @11:46PM (#34920893)
Not really appropriate to compare a market neutral product's Sharpe with the S&P.

That said, Bridgewater hasn't done that great for awhile.

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Re:Dalio Exits: Hedge Fund Billionaire Extracts Billions Mor... by Galanwe on Friday February 24, 2023 @12:49AM (#34921316)
> Not really appropriate to compare a market neutral product's Sharpe with the S&P

Why?

I tend to find it okay to compare Sharpes so long that the returns exhibit a somewhat close distribution.

I would expect both the S&P and an equity market neutral L/S to have normally distributed returns.

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