The Year Big Money Ditched Hedge Funds

The video discusses the challenging year for hedge funds, with many closures and few startups. Fabio Savinelli, a former hedge fund head, explores whether this is a healthy rotation or a significant change. The importance of managerial abilities and fund correlations is highlighted, with a focus on activist managers. The structure and pricing of hedge funds are examined, questioning the effectiveness of traditional models. Macro strategies and market performance are analyzed, with examples of successful investments in financial companies. The video concludes with insights into the US economy's strength and potential growth areas.

What is the significance of the correlation observed among top-performing hedge funds?

What strategies are currently working well in the hedge fund world according to the discussion?

How did David Wagner's investment strategy regarding financial companies change over the past nine months?