"We charge for what we know, not for what we do"
This is hard to accept by fund' customers.
They would never accept a fund manager who bases his decissions on Yahoo finance free contenent, or the Wall Steet Journal.
So it's necessary to have some smoke screens. They are:
* having nobel prizes (LTCM), or at least MBAs, CFAs, university economy professors, etc.
* hiring Alan Greenspan
* having NASA level supercomputers
* or even having occultism masters.
This is hard to accept by fund' customers.
They would never accept a fund manager who bases his decissions on Yahoo finance free contenent, or the Wall Steet Journal.
So it's necessary to have some smoke screens. They are:
* having nobel prizes (LTCM), or at least MBAs, CFAs, university economy professors, etc.
* hiring Alan Greenspan
* having NASA level supercomputers
* or even having occultism masters.