Investors are relying too much on automated methods for making investment decisions, especially when it comes to hedge funds. The usual tools like mean-variance analysis and the Sharpe ratio are not enough to assess the risks involved in hedge fund investments. Data on hedge funds need to be carefully analyzed for biases and trends, and investors should consider the long lock-up periods and lack of transparency in how hedge funds generate returns. To make informed decisions, investors need to go beyond traditional methods and use common sense to evaluate the potential risks and rewards of investing in hedge funds.