Quadriga Superfund - Managed Futures
- Thread starter USAtrader
- Start date
Apparantly,
They all quit or got banned...
They all quit or got banned...
when will people realize that when you give your money to a hedge fund (or mutual fund) you are handing your money over to a stranger to do with as he pleases.
you had better know the character and the experience of that person. is he a gunslinger. will he make big bets with your money. will he have big drawdowns that may or may not come back.
it is true that hedge funds are performance based so the guy wont get paid unless they meet their watermark but that works both ways. if the manager sees that he cant recover and will have to work for free he will leave the fund or close the fund and rename it and start over with a fresh watermark. you are left holding the bag. it all boils down to this: would you trust this person with your future? if not don't invest there either.
you had better know the character and the experience of that person. is he a gunslinger. will he make big bets with your money. will he have big drawdowns that may or may not come back.
it is true that hedge funds are performance based so the guy wont get paid unless they meet their watermark but that works both ways. if the manager sees that he cant recover and will have to work for free he will leave the fund or close the fund and rename it and start over with a fresh watermark. you are left holding the bag. it all boils down to this: would you trust this person with your future? if not don't invest there either.
I have a funny question. Why does nobody here talk about the Schindler fund? His fund is down 20% YTD but the guy actually reads the threads and responds to them. You can actually ask him questions. Wouldn't it be more productive to discuss a fund where the actual fund manager can actually participate in the discussion vs Quadriga where everyone on this board is speculating about this and that and nobody here has any answers. I mean it just seems pointless. Oh well, this is ET. Can expect much better I guess.
Quote from ktm:
HAH...LMAO.
You mean, wait a minute let me sit down...that we would actually be able to get some answers, educate ourselves and carry on productive and meaningful discussions?
Moderator, ban this man immediately!
Yeah I know, good point. What was I thinking. This is ET. We don't have intelligent open debate here or productive conversations. I must be thinking of the Wilmot Forums. Sorry guys, my bad. Won't happen again.
Don't sweat it, Aaron. You'll return to form shortly.
jj