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Reply to "Chelsea Clinton's husband closing Greek-focused hf after losing 90% of investors asstes"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]A hedge fund that invests in greek debt and recruits investors who want to invest in greek debt is not doing a disservice to people if greek debt turns out to be a bad bet.[/quote] Sure.[/quote] I don't know why this isn't obvious to you. If you are a qualified investor, you should know this. If Vanguard or Fidelity offers you the chance to invest in a precious metals index fund and precious metals go down, are Vanguard and Fidelity negligent?[/quote] Very funny, Clintontroll. Vanguard charges 0.1% or so. Hedge funds, like Clinton's SOL, charge 2% of the whole amount invested, plus 20% of profit. Notice some slight difference? Why do you think they charge that?[/quote] There are no index funds for buying into greek debt. It does cost more to get into asset classes not available to the small investor. If you don't buy into that it's fine. But the fiduciary issues are no less for an index fund than for a hedge fund because their fees are lower. [/quote]
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