What is wrong with hedge funds keeping 2/3rd of the profit?
If it is part of the agreement, then there is nothing wrong with that.
Right, if something is legal it is automatically ethical. Let me write this down before I forget.
And if these hedge funds keep 2/3 of the money but consistently deliver less than the index to which they are compared to it is alright too.
Because, hey, it's legal after all.
Fascinating, I am going to Like your enlightening post right away. Yes yes, I insist.
No actually I don't. Comparing apples to oranges. You can continuing to do that .. or read up a little on the subject. As for myself its Monday morn time to trade.Wait, say that again?
..........
See the problem here?
Of course you do.
Care to prove that hedge funds invest all their money in their own funds, like you claim...?
Nope.
For the simple reason that I don't mess with pegged currencies, they can create catastrophic losses instantly (or huge gains if you are on the right side of the market).
Sure, give me a moment, I will show you some examples.
PS: by the way, don't take this personally, I have absolutely nothing against you (or any ET member), we are just exchanging ideas, nothing more.
Can you just shut up and listen & learn?
Learn what, that you are rude and arrogant? That's pretty obvious.
Now go and settle your margin calls or something.
PS: StraitJacket, your nickname says it all right there...
You're clearly your own worst enemy.
%%........
Money managers cannot trail the S&P 500 because the market, the Fed or Santa Claus is doing this or that.
... that money managers cannot even trail the S&P 500 (let alone beat it), that a simple passive index fund can easily outperform these "experts" in the long run and yet you are still here defending these guys.....