Why do the HNW actively pursue these self-proclaimed uber elite hedge funds? How about a rising dividends mutual fund that invests in blue chips which pay 6% in anual dividends? The cost: 0% sales charge and only a 1% annual fee.
Some hedge funds kick ass when it comes to risk-adjusted returns, mainly high-frequency, a few talented global macro and managed futures funds (Soros comes to mind), and certain vol-arb strategies. The problem is that getting into the funds that are actually impossible.
Pretty much everything else in hedge fund world is just survivor bias and naked put selling.
I thought Einhorn was a boy genius who could predict the future of the economy and if that failed he knows how to play stocks by breaking every SEC regulation and law under the sun because he is Einhorn with the ex Baron’s journalist wife who conspires with those other high class icons of ethics, Herb Greenburg and Jim Cramer.
Welcome Baby Henry!
can i hedge my personal wealth through BofA keep the change program?
Senior analyst at gs
iTractive!
neeerrrrrrds
lol @ hedge funds
Why do the HNW actively pursue these self-proclaimed uber elite hedge funds? How about a rising dividends mutual fund that invests in blue chips which pay 6% in anual dividends? The cost: 0% sales charge and only a 1% annual fee.
@4,
Some hedge funds kick ass when it comes to risk-adjusted returns, mainly high-frequency, a few talented global macro and managed futures funds (Soros comes to mind), and certain vol-arb strategies. The problem is that getting into the funds that are actually impossible.
Pretty much everything else in hedge fund world is just survivor bias and naked put selling.
-Ex-Citadel trader
@5
The question by post #4 was “Why do the HNW actively pursue these self-proclaimed uber elite hedge funds?”
Yet, you answered a question that wasn’t posed: “are there some funds that outperform on a risk adjusted basis?”
You’re a politician, right?
PIGBOMB!
@4 – personally, I only invest in Mexican fisheries that raise Coke Sharks. The rising demand is incredible.
was here
Hey! Wait a minute!
I thought Einhorn was a boy genius who could predict the future of the economy and if that failed he knows how to play stocks by breaking every SEC regulation and law under the sun because he is Einhorn with the ex Baron’s journalist wife who conspires with those other high class icons of ethics, Herb Greenburg and Jim Cramer.
@4 So you wouldn’t pay 4% and 40% to Renaissance for their Medallion fund because the fees are too high? hahaha
@ 8 if you think the sharks are great, you should check out ballons and condoms!