Jack Bogle of Hedge Funds (guest: Andrew Beer)
The Market Huddle
00:00
The Hedge Fund Beta, Isn't It?
Hedge fund beta is really what creates the alpha, meaning that they pick the right a, what's thise acid classis factors. The trouble is that the feeds are too high, so they end up keeping most of it. After three years, your top qartile, and after five years,your top desil ok. And now after seven years, wer were the number one thoght.
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