“...there should be no place in a portfolio for hedge funds. There are lots of reasons, but the main one is simple: Investing in hedge funds is a great way to increase the odds of underperformance.”
Peter Mallouk“I never use hedge funds because I am well aware of what drives future performance, and hedge funds start out with a great disadvantage in every major category: taxes, fees, risk management, transparency and liquidity.”
Peter Mallouk, The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right“...there should be no place in a portfolio for hedge funds. There are lots of reasons, but the main one is simple: Investing in hedge funds is a great way to increase the odds of underperformance.”
Peter Mallouk, The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right