Explain to me like I'm a 12 year old the benefit of a hedge fund

slippy777's picture
Rank: King Kong | 1,187

My dad is consistently trying to show me articles how hedgefunds are BS and how they "can't even beat the market". Then proceeds to show countless articles comparing hedge fund performance in the last 8 years compared to the s&p and index funds. I don't know enough about the subject to even respond to him. I know many people say it's bc we're in one of the longest bull markets we've ever seen. Can anyone elaborate further? Completely ignorant on the subject.