现在是完全不同的东西......
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 […]
一分钱一分货...
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 […]