Divorcing Your Hedge Fund Manager

I’m going to remember the “heyday of the hedge fund.” Because if there’s one thing I learned reading the financial news this week, or all year for that matter, it’s that the heyday of the hedge fund may very well be over. It’s hard to say for sure, since not many are brave enough to come right out and say so. I definitely agree with Warren Buffett, who in 2008 bet $1 million that an index fund would beat ten hedge funds over a decade with fees included.

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