Average Quote by John C. Bogle
“The average hedge fund manager is going to earn zero per cent in extra return.”
About This Quote
Source Book: Common Sense on Mutual Funds, 1999
The average hedge fund manager typically fails to generate excess returns beyond market benchmarks.
In simple terms: Hedge funds usually don’t beat the market.
Key Takeaway
Expect modest returns from hedge funds.
Themes
finance
investment
performance
Mood
cautious
analytical
Type
informative
critical
When to use this quote
- investment decisions
- portfolio allocation
- risk assessment
Key Concepts
hedge funds
alpha generation
market efficiency
Questions to Reflect On
- Why do investors chase hedge funds despite low odds?
- What alternatives offer better risk‑adjusted returns?
A Different Perspective
Ignores outliers that do succeed.
