hedge funds performance 2003-2012 naxtis


Jack Schwager speaks with Michael Martin about his follow up book to Hedge Fund Market Wizardscalled Market Sense and Nonsense: How the Markets Really Work (and How They Don’t). Jack Schwager wrote a best-seller on hedge funds, which discusses why you would be better off in bonds than investing in hedge funds. Jack Schwager explains why past performance is not a good indicator for who will outperform the market in the future. The lengthy and intriguing interview is embedded below:

H/T Value Investing World