Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Anthony @ Equity Investigations, Dear Anthony, -- Ignore unavailable to you. Want to Upgrade?

To: Kevin Podsiadlik who wrote (92174)	8/16/2005 11:15:43 AM
From: rrufff	Read Replies (1) \| Respond to of 122088

I think we are both talking general averages v specific performance. The performance of hedge funds in general doesn't justify the enormous fees. Yes, as you say, a "good" hedge fund will outperform. A bad one will underperform. The cited artile I posted indicates overall returns have been disappointing in terms of their fees and what they "get away" with and given their ability to be relatively unregulated. The argument for giving them slack is that they can be so nimble that they return fabulous returns for their investors. The reality seems that they exist for the managers. Yes, microcaps. I like microcaps because of the ability to at least get through to the CEO and evaluate whether there is a scam going or not. I've been successful doing that. With large caps, you have to take it on faith. The money trails are so diverse and usually voted by the board, which is controlled by management, instead of the other way around. That shareholders employ both and own the company is forgotten.