4 ms·
There's a reason those guys were selling classes for 4 grand instead of quietly becoming rich following the advice they're selling people.
by eutropia 8y ago
There's a reason those guys were selling classes for 4 grand instead of quietly becoming rich following the advice they're selling people.
- duxup 8y agoThat always reminds me of folks selling gold on TV adverts or selling house lists of great homes to sell. Now granted the gold profit is taking a cut but at the same time for both if they're so sure this is a great investment....
- maxxxxx 8y agoReminds me of a lot of hedge fund guys and VCs. If you already have billions why not invest your own money instead of dealing with other investors?
- ip26 8y agoDownside protection. Plus if you control enough $$$ you can start controlling the market.
- maxxxxx 8y agoI thought it's easier to find openings if you have less money to deploy.
- seanhunter 8y agoMost strategies have a finite "capacity" and if you attempt to invest more than this, the returns dry up. So if you have lots of assets to invest you start to be forced to invest in your 10th, 100th, 200th best idea, rather than just your top 1-5 best ideas. This is why it's very hard to sustain performance as funds grow. The reason people with big funds are focussed on growing their assets under management is they get an annual fee for assets under management, and this is therefore more reliable than the "outperformance" fee that they also charge.