Hedge Funds Are Back!

Pundits love to beat up on hedge funds these days.  The glory days are long gone, they argue, and investors should stick to low cost, passive investments like the S&P 500.  For nearly every fund that proved its mettle during March, another two imploded.  Hedge fund fees mean investors are in a heads-you-win-tails-I-lose trap (disclosure:  a point the author himself has […]