Billionaires Stock Picks Are Beating the Market Right Now

If you ve been reading articles about hedge fund performance over the past three years, you re probably thinking index funds are better options for investors. During the last quarter, an average hedge fund underperformed S&P 500 index ETFs by around 8 percentage points. This is a bit misleading though. Actually, equity hedge funds hedge around 50% of their exposure. It isn t really appropriate to