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Jack Bogle of Hedge Funds (guest: Andrew Beer)

The Market Huddle

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Do Thevs Get It Wrong 80 % at the Time?

i started two hetchland businesses in the early two thousands that were basically built around two macro themes. By 2,000 one, id started investing with commodity hedge funds. And by 2,000 three, i had spun this off into a stand alone business and became a large commodity invested from called pinnacle acid management. Ah, you have an enormous incentive to to come up with results that are a tat ta, that are,. you know, are jawdropping interestingah, i meantake, take the what what i wish somebody would do is take all these papers, and show how they did out of sample ride. Thevs are the smartest guys who seem to get it wrong 80 %

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