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May 8, 2013 12:35 pm PDT

Hedge fund managers suck at making money (foryou)

The Financial Times analyzed the stock picks of the presenters at this week's Ira Sohn Investment conference in NYC and found that, on average, following a hedge fund manager was a much worse bet than buying passive index funds (though a couple hedgies did do pretty well last year, they were dragged down by the [...]



Original Link: http://feeds.boingboing.net/~r/boingboing/iBag/~3/y5Ay6YFDcXU/story01.htm

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