As someone said, they don't need to outperform. They only need to perform enough... | Hacker News

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		heisgone on May 1, 2024 \| parent \| context \| favorite \| on: Most investments are bad. Here's why As someone said, they don't need to outperform. They only need to perform enough to survive and pull management fees, which are risk free for the managers.

lottin on May 5, 2024 [–]

Sure but the idea that the "little guy" doesn't stand a chance against the big hedge funds does seem baseless.

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