So then how do you know, for instance, she gets 75 bps?
Is Cathie woods going to receive a margin call?
- Thread starter zdreg
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That's the expense ratio of some of her funds (she probably gets to keep a lot of that).
Madoff raised even more. The $ amount that one can raise is not an indication of one's intelligence or competence or integrity.
"........... while leverage has the potential to increase volatility."
whoops too late. Haha
Genius needs plan B.
Or C, D, E ........
I don’t think he did. I think he claimed to have 10bn but the actual losses were pretty small.
In any case I was wrong about cathie. She raised 54 billion. And while madoff was a fraud, cathie has a legitimate highly successful business catering to a specific investor class.
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She looks more like 86 when standing next to someone who is of the typical age-group for her average investor.
