The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good To Be True by Simon Lack; see a recent presentation below:
The Fallacy Of Hedge Funds
“If all the money that’s ever been invested in Hedge Funds had been put in treasury bills instead, the results would have been twice as good.”
How Have Hedge Fund Investors Really Done?
What Went Wrong?
- Fees
- Transparency
- Size
- Investor Protections
See full “The Hedge Fund Mirage The Illusion of Big Money and Why It’s Too Good To Be True” in PDF format here via Advisor Perspectives