Quote from slacker:
One of my favorite quotes from the book:
Some information on creating a hedge fund can be found at: http://www.greencompany.com/HedgeFunds/StartingAHedgeFund.shtml
Not only has Timmay not followed the SEC regulations governing hedge funds he makes a point saying that he is above the reach of regulators and that rules do not apply to him.
Timmay has decided to publish performance figures but the performance figures that are released are incomplete.
I would add that Timmay's current ET 'attention marketing' bitz is at odds with the above description of what one can do to attract investors. This blitz is hardly the 'word-of-mouth to individuals you believe are already qualified to be investors' guide required by the SEC.
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Nice try but your thesis has a few holes in it:
1. When I said I didn't bother creating a password protected website--I didn't have any website at all!!! (Again haters love taking sentences out of context--God love em--do they actually believe they are right?)
2. Since I started getting publicity for the book, I've closed the fund to new investors.
3. All performance figures in the book are complete as of our last audit (Yup, was advised to only publish audited returns)
Sorry to burst your bubble dude, but you didn't make it very difficult. Any other questions or is play time over?