Hedge Fund Returns

CAIA
#1

Does anybody have an effective method for studying/memorizing the return distributions of all hedge fund strategies (i.e. risk, return, skew, kurtosis, correlation, diversification potential, etc.)? Or know of a source that provides a good summary of this data?

How important is it to know all these specifics for each HF category and all the strategies included in those categories?

#2

You need to know the general trends and what stands out, NOT individual numbers. Like for instance you should know details like the only strategy with a positive skew was short bias etc. Just go over all the strategies’ data and make a summary. They will NOT ask for you for specific performance numbers in the Level 1 exam.

D

#3

Tattoo?