Forbes – It was bound to happen sooner or later. The June 1-2 weekend Wall Street Journalran an opinion piece proclaiming that no one can say “the basic logic of investing in hedge funds is flawed.”[1] The very same edition carried this headline: “The Verdict Is In: Hedge Funds Aren’t Worth the Money.”[2]
How should investors react to such blatantly contradictory bits of advice from the same esteemed publication?