SalvatoreDali

3 ms·

1. 1.▲
   by SalvatoreDali 10y ago

   For which part?
2. 2.▲
   by SalvatoreDali 10y ago

   "Presumably the people who invest in hedge funds are intelligent, knowledgeable people who can understand these fees." You would be surprised. Many of these investors are large institutional funds like state pensions funds. They h
3. 3.▲
   by SalvatoreDali 10y ago

   Considering how hard it is to be 'up' when the entire market is 'down' this doesn't seem so bad. Considering the average hedge fund performances in a down market, it definitely looks like a win to me.
4. 4.▲
   by SalvatoreDali 10y ago

   This does not seem like a serious objection to me. Hedge funds track, keep track of far more complicated financial arrangements. Just valuing options to see when they are in the money is orders of magnitude more complicated. What the op sug