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MrBayAreaHokie

Joined: 11/05/2005 Posts: 21888
Likes: 10764


I have a good friend who owns a hedge fund


He jokes that it is a great business. He said you do well for four years, then have a terrible 5th year, and you just close the fund and return everyone’s money cause you’ll never get over the high water mark again, so why bother.

(In response to this post by VaAkita)

Posted: 04/18/2019 at 12:45AM



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Current Thread:
  Beware of wild claims by hedge fund managers. -- EDGEMAN 04/18/2019 07:25AM
  I have a good friend who owns a hedge fund -- MrBayAreaHokie 04/18/2019 12:45AM
  Buffett's bet proved that hedge funds are well.... ** -- HokieForever 04/18/2019 08:10AM

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