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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (83876)5/1/2007 5:16:43 PM
From: carranza2  Read Replies (2) | Respond to of 206334
 
>>> there are plenty of studies that say hedge funds are bad investors as well,

But does it matter?

When the managers are taking 20% of the profits and who knows how much of the principal as management fees, they are in a dream world no ordinary investor will ever see.

Hedge funds are great investments----for the managers.



To: chowder who wrote (83876)5/1/2007 6:15:08 PM
From: tom pope  Respond to of 206334
 
They must HEDGE

The problem with Amaranth is that it didn't hedge. Some do, some take one sided bets.


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