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A twitter consumer posted returns for some huge hedge funds in 2023 and as soon as once more solely about 20% of them outperformed the 24% acquire within the S&P 500 (congrats to Gentle Avenue and Whale Rock, whoever you’re).
Nonetheless 100% of them charged enormous charges for both having or not having Magnificent Seven shares final yr.
The lesson right here is that passive is king, particularly at a time when you will get actual returns in mounted earnings or prefs…. but right here all of us are.
This text was written by Adam Button at www.forexlive.com.
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