The distribution of stock returns at any given period is highly skewed, in that, the majority of the average return the market comes from a small number of stocks that performed spectacularly. The vast majority of stock perform poorly. So if when hedge funds attempt to pick stocks, they are likely to miss the few home runs.
Statistics: Posted by YERER01 — Wed Jan 10, 2024 5:02 am — Replies 51 — Views 2713