Hedge Fund / Managers that Generate 30% per year
Georoge Soros, Stanley Druckenmiller, David Tepper, Bruce Kovner.. the list may get stretched if one fine comb the internet patiently.... however, The pattern is that none of them are value investors! Seth Klarman, one of the icon of value investing, started Baupost in 1982, and so far return has been barely 20%,
The ones that do have track record of 30% per year are global macro guys, does this mean global macro is a superior method of investing? I would think so based on these numbers, wonder what others have to say about this.