Although investors favor US companies in the world stock market because they outperform their foreign counterparts, consider a few things.

We are constantly reviewing the performance of various investment strategies.  Over the past couple of decades, the rise of hedge funds has been spectacular, and I thought it would be helpful if we dug into their performance at a much deeper level. 

Does active management really work better in inefficient markets where there is less information available? Let's review the data.