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Comment on I'm bullish on hedge funds

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hedge funds with less limiting investment "thesis" tend to massively outperform bear markets. long s&p500 index funds (all the rage) has been a great strategy since the last real market downturn (7 years), it won't look so ironclad ingenius when stocks take their inevitable 2 year 30-50% dip.

'outperforms' ... over which time period?

Because over any time period, some strategies are winners, some are losers.

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