Why 2018 Was Such a Bad Year for Hedge Funds

The video discusses the closure of various hedge funds, including notable names like Leon Cooperman's Omega Advisors, and the shift towards family offices. Despite expectations of a hedge fund resurgence due to market volatility, many funds struggled due to the nature of the volatility. New hedge funds, like Michael Goldman's, launched but faced challenges. Traditional investing methods are becoming less effective, prompting a shift towards managing personal funds. The video also highlights the growing interest in private capital, private debt, and private equity as alternatives to hedge funds.

Which legendary trader decided to convert his hedge fund into a family office?

• Andy Hall

• Stan Druckenmiller

• Leon Cooperman

• Michael Goldman

What was the main reason hedge funds struggled despite the return of volatility?

• Lack of investor interest

• Increased competition from banks

• Volatility was too sharp and fast

• Decline in private equity

What was the initial commitment amount for the Michael Goldman fund?

• Ten billion

• Eight billion

• Twelve billion

• Five billion

Which investment strategy is still considered hot despite the challenges in the hedge fund industry?

• Public equity

• Private debt

• Cryptocurrency

• Real estate

What industry has been booming as banks court them as investors?

• Insurance industry

• Hedge fund industry

• Family office industry

• Retail banking