It appears that the data we hear about hedge funds' performance is absolute noise. Even if you accept the unique aspect of self-selected self-reporting, you can't wash out all the failures and expect people to buy your 'perception' of performance.
More Quotes from Kevin Gahagan:
When in doubt, it may be worth going with the cheapest plan option available until you have further time to evaluate because you can make your switch in the November enrollment period.Kevin Gahagan
Readers Who Like This Quotation Also Like:
Based on Topics: Failure Quotes, Performance QuotesBased on Keywords: self-reporting, self-selected
It is one of the great tragedies of the US, that most learn most of what they know about the government from the government.
James Bovard
Leonard Chess passed, and that was the end of the Chess label for that time.
Solomon Burke
If you want to get along, go along.
Sam Rayburn