Hedge Funds not so lucrative anymore
Ouch! Looks like Hedge Funds are not so lucractive anymore.
So what’s killing the golden goose? In a word: investors. It’s likely not a coincidence that as the number and size of hedge funds have swelled, hedge fund performance has sunk. Hedge funds’ success ultimately hinges on two scarce resources — skilled managers and exploitable market inefficiencies — and there simply isn’t enough of either one to support a $2.9 trillion industry. via Bloomberg Gadfly
The first mover advantage is long gone in this market. It appears to be moving toward the Startup world.Don't forget to sign up for our monthly newsletter on Data Science and RapidMiner here!