Anthony @ Equity Investigations, Dear Anthony, Message Board

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Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony,

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To: rrufff who wrote (92171)	8/16/2005 10:20:13 AM
From: Kevin Podsiadlik	Read Replies (1) of 122088

Agreed - my point really is that when you consider the extremely high fees and the alleged manipulation, the return is not any better than a mutual fund, which is no better than throwing a dart. Not agreed. A good hedge fund will, over time, outperform even the best mutual funds by a vast margin, fees notwithstanding. Conversely, however, a bad hedge fund will hurt you far worse than a mutual fund ever could. That's why I'm puzzled at your "micro-cap" comment, because in fact, hedge funds are very much like the small caps and micro-caps of the fund world.

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