The Week Ahead: Ivy League Investor Flunks Test

The FOMC announcement Wednesday means that all of us will be spared from Fed babble for a few months. I hope many investors took my advice and avoided the incessant discussion by hitting the mute button. The market did issue its verdict as the technical action sent a strong signal that the market’s correction was over.

It has been a difficult few years for the hedge funds as well as the individual investor. Preliminary data on over 2600 funds suggests they are up on average just 3.4% so far in 2016 which was less than half the YTD performance of the Spyder Trust (SPY). The market’s sharp decline early in the year understandably scared many investors out of the stock market and the low yields have limited their returns.
So how are the best and brightest investors doing?

http://www.forbes.com/sites/tomaspray/2016/09/24/the-week-ahead-ivy-league-investor-flunks-test/