The masses are misinformed about hedge funds while the wealthy institutional clients and high net worth individuals continue to prosper from selecting the right funds......It is just a different asset class- like mutual funds- there will be those that underperform and those that outperform. Look, the monkeys at CNBC love controversy and drama- look at the recent headlines- Dick Grasso's pay, a hedge fund screwed on GM convertibles, KL Financial, mutual fund mkt timing, specialist corruption and now Portus. Yes, there are always going to be some shady slick talking new yorkers out to screw you out of your money- but wake up people- classifying all hedge funds as dangerous investments b/c of a few bad apples is just plain stupid. Hey, if you don't like them, stay away while the sophisticated people who know how to select the right funds continue to profit.........
Hahaha! Canadian hedge fund 1.4 Billion in the red!
- Thread starter The Kin
- Start date
Speaking of CNBC, there is going to be a segment with a fund manager vs. financial adviser arguing about the risks (or lack of) in hedge fund investing. Tune in today around 3 pm.
I will comment about the state of hedge funds on this thread when I have more time, but I do agree with Boss Hog about the ability to have superior returns with diligent manager selection.
I will comment about the state of hedge funds on this thread when I have more time, but I do agree with Boss Hog about the ability to have superior returns with diligent manager selection.
