long running hedge funds will rarely if ever underperform S&P.. in a crazy bull market that we are in its easy for you to dollar cost average but in choppy markets hedge funds win. Hedge funds and mutual funds spread the risk and allocate more efficiently, the ones that underperform are quickly replaced by ones that don't
You being a dumb person who makes dumb posts regularly have failed to consider Anti-fragility in your statement above. I have no time to explain.
This is payback for your inane comments in my recent Altcoin Discussion thread.
The key to understanding my comment is the phrase "long running...". The professionals of the market are better at deciding an average allocation of stocks since they know where the market is at (watching it everyday all day) and where it seems to be going.