Friday, September 26, 2014

Calpers gives up on the hedge fund dream

Financial Times Limited 2014, September 16th 2014

The California Public Employees' Retirement System's has announced that they will switch their hedge funds holding into a passive investment strategy as the annual returns of hedge funds underperformed the markets by over 3% this year.

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Wednesday, September 17, 2014

REMINDER: You Are 'Shockingly' Terrible At Investing

Sam Ro, August 12th 2014

Looking at the data, Richard Bernstein concludes that the average investor obtained a poor performance over the last 20 years.

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