Returns of 20 to 30% annually..exceptional or unimpressive?

Any manager can avg 4:1 risk adjusted return consistent over a 5yr time frame would be a rock star.

20% annual return on 5% drawdown, 40% return on less than 10% drawdown…80% gain on 20% drawdown.

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When you start pushing around a lot of money, these things become more difficult. But… there are hedge funds that perform like that. They don’t need to market themselves, which is why people don’t know about them.

Returns of 20% or 30% per annum is very difficult to achieve in the long term. I think it’s much more reasonable to look for lower returns to those, but with lower volatility. The important thing in this business is just to build a big net worth over time. The key in this industry is to get compound interest to work in our favor.

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“AlexanderG
You can´t judge a system just by its performance”

That’s pretty much the only thing you can judge a system on. LOL.

Sometimes I judge systems on good looks, smell, and how nice the PM is. LOL

But seriously, 20-30%, even with the similar volatility of the S&P 500 is excellent IMO.

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