Hedge fund managers who own sports franchises take on proportionally more risks and create lower returns than their peers , according to researchers from the US and Singapore . However , a study from Houston 's Rice University argued that investors with moderate overconfidence or bullish sentiment are more likely to survive in the world of investment . Hedge fund managers can gain a competitive edge by using quantitative techniques to keep their risk - taking tendencies in check .
Hedge fund managers who own sports cars take on proportionally more risk and create lower returns than their peers, according to researchers from the US and Singapore. However, a study from Houston's Rice University argued that investors with moderate overconfidence or bullish sentiment are more likely to survive in the world of investment. Hedge fund managers can gain a competitive edge by using training techniques to keep their risk-taking tendencies in check.