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Source: Medium:

Category: Hedge Funds, Humor, Really, really bad calls, UnGuru

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.

One Response to “Well Hedged Predictions”

  1. DeltaV says:

    Thanks for sharing this, Barry. The “stupid rich people” segment is of course the holy grail for all salesmen, and the hedge fund managers — with the exception of a very few with proven long term performance — prove that there will always be willing sheep to be sheared.

    I have to believe that at least some of the lure of hedge funds is actually being invested in them, especially in the more popular ones, since that is a bragging point. Sort of like buying a Lexus, when Toyota offers an equivalent car for substantially less money. So in a way, the hedge fund customers may be getting value for their (lost) money in some nonsensical way.