I don't really understand how Buy Side can be all that good still. AQR is in trouble, Bridgewater had their first loss in decades, Millennium was good, 2 Sigma is OK if unspectacular, Citadel is good, Point72 is still struggling, Rentec is presumably still great but no one ever knows. The HFT funds like Tower/Virtu are all finding their well dry, over all more hedge funds shut down than started. Which hedge funds are actually doing well in this environment? (OK I listed 3) but I don't see the future as very promising.