On today’s “Chart Attack,” Fusion IQ CEO and Director of Research Barry Ritholtz and Bloomberg’s Adam Johnson look at hedge fund performance on Bloomberg

The Mirage of Hedge Funds

(Source: Bloomberg, May 29, 2013) 4:51

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Fusion IQ’s Barry Ritholz and Bloomberg’s Jason Kelly discuss investing in hedge funds with Trish Regan on Bloomberg Television’s “Street Smart.”

Hedge Funds on Sale: Only $1,000 to Join

(Source: Bloomberg, May 29, 2013) 6:09

Category: Hedge Funds, Media, Video

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

3 Responses to “Hedge Funds on Sale: Only $1,000 to Join”

  1. nkowalski says:

    Hi Barry,
    I’ve written about this multiple times here in Bermuda:
    http://www.royalgazette.com/article/20120130/COLUMN05/701309943

  2. Livermore Shimervore says:

    ^ hedge funds may be terrible performers but at least they are only squandering the wealth of the 1% and whatever poor institutional fund that didn’t do its homework. Actively managed mutual funds on the other hand are squandering far more than their misleading expense ratios. These funds are squandering 30-50% (Demos Hiltonsmith study) of a regular Joe’s annual returns for performance no better than he would be getting from an S&P 500 index fund. As bad as 2 and 20% may be, in terms of total wealth squandered needlessly the mutual fund industry must make hedge funds look like a lemonade stand.

  3. peterg816 says:

    I respectfully disagree Livermore. I don’t know how the expenses on actively managed open ended mutual funds are misleading? All you have to do is look for the net expense on the prospectus. There is an abundance of high quality low cost actively managed funds out there. VWELX is a prime example.

    As for the demos Hiltonsmith study, wasn’t that a study of fees within 401k plans? What does that have to do with actively managed mutual funds?