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So because he tricked people into paying fees while performing more or less what the market does, he's an "expert"?
by throwaway29812 4y ago
So because he tricked people into paying fees while performing more or less what the market does, he's an "expert"?
- chollida1 4y ago> So because he tricked people into paying fees while performing more or less what the market does, he's an "expert"? Who do you think was tricked into investing with him? His fund did well, not sure how you are imagining an investor is being tricked into investing in a successful hedge fund? Can you elaborate on that? His returns according to wikipedia beat the market so again, I'm confused as to where you figure he did what the market did.
- throwaway29812 4y agoMost funds don't beat the market in the long term, what's the sample size you are using? If he was so successful, why did he stop?
- MrMan 4y agohis fund did well, but he is in a different business now, he is a TV personality.