Chapter

Understanding the History and Evolution of Hedge Funds
listen on Spotify
41:07 - 46:53 (05:45)

The podcast delves into the history of hedge funds and what differentiates them from other types of funds, providing insights that can help people make informed decisions when investing in them.

Clips
This podcast delves into the history and evolution of hedge funds, as well as the current state of the industry and how to make informed investment decisions.
41:07 - 44:20 (03:12)
listen on Spotify
Hedge funds
Most people don't have an edge in the stock market, as even the good players who do lose in the long run.
44:20 - 46:53 (02:33)
listen on Spotify
Stock Market
Summary

Most people don't have an edge in the stock market, as even the good players who do lose in the long run. It's important to realize that if everyone knows about a certain investment strategy, there's likely no reason to believe you have an edge in it either.

Chapter
Understanding the History and Evolution of Hedge Funds
Episode
#604: Master Investor Ed Thorp on How to Think for Yourself, Mental Models for the Second Half of Life, How to Be Inner-Directed, How Basic Numeracy Is a Superpower, and The Dangers of Investing Fads
Podcast
The Tim Ferriss Show