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The top-performing fund of 2022 is just as degenerate as r/WallStreetBets investors

January 9, 2023 Victor Lei — Head of Research Stocks

Only 40 of the 1,410 actively managed funds (2.8%) were up by the end of 2022. The entire group lost an average of 18.2% (WSJ). Were you up in 2022? Congrats. You were in the top 96th percentile. And all you had to do was sit in cash. But there’s only room for one at…

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