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“Over a ten-year period commencing on January 1, 2008, and ending on December 31, 2017, the S & P 500 will outperform a portfolio of funds of hedge funds, when performance is measured on a basis net of fees, costs and expenses.”

Created by gwern on 2010-07-29; known on 2018-01-31; judged right by amadeu on 2019-04-30.