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Re:How do hedge funds get away with it? Eight theories by wtmcc on Thursday May 15, 2014 @05:30PM (#7752369)
This article considers hedge funds in the aggregate, which seems to me to be a fallacy. It doesn’t consider variation within a category which we can usefully select against.

“Money in hedge funds is a bad investment” seems similar to saying “going to college is a bad investment,” when the value of a college degree is highly dependent on institution and major. CS at Stanford may be a fabulous investment, while Folklore/Mythology at U of Phoenix may not be.

Re:How do hedge funds get away with it? Eight theories by kevinpet on Friday May 16, 2014 @01:09AM (#7753844)
The difference is that past performance is a good predictor of future results for college education.
Re:How do hedge funds get away with it? Eight theories by mhb on Thursday May 15, 2014 @11:16PM (#7753541)
So which fund will do well in the future?