And Now For Something Completely Different…
We’ve entered the home stretch of 2009 and with it a new blog site. At the suggestion of a friend, I’ve moved the blog from blogspot to a page I run myself. For the most part, the site is the same, with the same links, and should function as you would expect. New, however, is a page titled “Reviews of Stuff,” which will – you guessed it — review stuff, and a link to an Amazon Store. I hope you’ll like the new site and of course I welcome your comments and feedback. The fourth quarter of 2009 is here and as we look to year-end, a lot of exciting […]
You get what you pay for…
The news that some hedge funds are discounting fees in order to attract assets is worrisome to me. Investors who are investing in funds, based on the fees a manager charges, is even more worrisome. I don’t understand this logic. Investment decisions should be based on how a manager manages money. How he or she executes their investment strategy and their ability to put up numbers – not on how much or little is charged. Investing in a hedge fund or anything for that matter, is not like buying a car a newtelevision set – haggling and discounting should not be part of the equation. A word to the wise: […]