thanks for the advice.
I will split the risk with my friend but I will atually put more than 5% of my risk capital... Madoff's case is different. He was not able to run away otherwise those scams don't last for 10 years.
Here we have the principal who is an old man who simply has enough money for himself and no reason to run away. They charge 10k every 90 days on the profits to cover administration costs so they'll make profit on their as well on my money.
I will split the risk with my friend but I will atually put more than 5% of my risk capital... Madoff's case is different. He was not able to run away otherwise those scams don't last for 10 years.
Here we have the principal who is an old man who simply has enough money for himself and no reason to run away. They charge 10k every 90 days on the profits to cover administration costs so they'll make profit on their as well on my money.
