I would think account size (and dollar return for that matter) would be relevant in this thread. I don't have the full year results but it appears the average hedge fund had mediocre returns in 2010 and underformed the low double digit returns (around 13%) of the S&P. While I by no means have the account size of the typical hedge fund and even though I outperformed the S&P in 2010, I know I sure can't churn out the returns I had when my account was below seven figures.
Some methods don't scale well to larger account sizes. At least that's what I've been told. Don't have the personal experience yet.
Very happy to say I met my (hopeful) estimates. I told investors into my new commodity pool my target returns were 40% a year... After a 10% December, I ended up with 40.1% (after 0/30 fees).
The losers, like myself, are just reading and not posting on this thread because it is no fun to post losses. Doesn't mean the site is full of shit...