Innovation, Innovation, Innovation

Extrait de l'introduction de l'étude publiée récemment par Thames River Capital :

"Just like the property world’s cliché “location, location, location”, the three most important rules for making money in hedge funds are innovation, innovation and innovation. The graph below shows the returns for the hedge fund industry overall since 1994 (i.e. nearly 15 years of data)."

Lire la suite et en particulier le paragraphe sur la stratégie d'investissement dans les "early stage managers" :

http://www.thamesrivercapital.com/pdf/research_papers/0711%20multi%20hedge%20frnt%20pg.pdf