Hedge Funds - Is That a Good Idea?

For every dollar the market goes up, hedge funds make 70 cents. Now they're making 20 cents. The easiest thing to do is just take risk off the table, like sell some of your longs. They probably bought back some of their shorts too,. But ultimately, I think most people think are like a 0.8 beta, sorry, 0.7 beta to the market. And looking at like PB statements, like you're kind of running like a0.2 to 0.3.

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