Hedge Funds Are Still Trailing The S&P And Cocaine Ain’t Gettin’ Any Cheaper

Hedge Funds Are Still Trailing The S&P And Cocaine Ain’t Gettin’ Any Cheaper

Regular readers know we think it's a cryin' fuckin' shame that low-cost, passive investment vehicles that track benchmarks inflated by the post-crisis central bank liquidity tsunami have all but relegated active management to the dustbin of history. As we wrote in "One Manager Warns: 'Today’s Weapon Of Mass Destruction Is A 3-Letter Word: ETF,'" it's almost as if investors don't understand that good coke and Perrier-Jouët is expensive. I mean shit, you can’t fund a weekend of debau
Subscribe or log in to read the rest of this content.

Speak your mind

This site uses Akismet to reduce spam. Learn how your comment data is processed.

NEWSROOM crewneck & prints