Chart of the Day

Chart of the Day: More Hedge Funds than Burger Kings

Today’s Chart of the Day comes from the Financial Times and shows a variety of things. The oddest is that there are more hedge funds than Burger Kings, and about the same number as Starbucks. These numbers are true, even though hedge funds underperformed the stock market a “whopping” 5.47% annually for the last five years and 2.67% annually since 1994.