How to outperform stock indexes long term (guru stock picking)

Dear investors,



What do you think about ETFs that replicate holdings of the best US hedge fund managers with a fraction of hedge fund's cost?



They tend to outperform SP500 in long term:



ALFA

It has protection against stock market collapse by hedging portfolio during bear markets

http://ift.tt/1AL6WQt



VALX

http://ift.tt/1wOQXph



TTFS

Works similar to hedge fund replication

http://ift.tt/1AL6YYG



GURU

http://ift.tt/1AL6WQA



My retirement portfolio currently holds ALFA and TTFS partially hedged by SP500 put options