They do. The median active investment fund underperforms the market, but the med... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		yellowstuff on Nov 3, 2017 \| parent \| context \| favorite \| on: What I Learned from Losing $200M (2015) They do. The median active investment fund underperforms the market, but the median active retail investor way underperforms the market.

brianpgordon on Nov 6, 2017 [–]

And the median active investment fund underperforms the market for a reason. If a fund plowed 100% of its investment into the S&P 500 they'd be exposing themselves to laughably high volatility.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact