Greenhaven Road returns have been in the top 10% of hedge funds. We have outperformed hedge fund indices, the Russell 2000 and the S&P 500.
As shown in the table to the right, $100,000 earning 5% net of all fees and expenses over 30 years will grow into $432,194. That same starting amount earning 10% would not grow to be just twice as large, but more than four times as large.
A plethora of research has long shown small hedge fund managers outperform their large counterparts over the long term and performance matters over the long term.