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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][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] Faacinating. Tell us, what were the fiduciary responsibilities of a manager who lost 90% of the capital invested?[/quote] A fiduciary duty is a duty to act 100% in the interest of their principals. Failure to make money is not a violation of fiduciary duty. You don't sound like someone who has much experience investing.[/quote] And you sound remarkably like a paid clinton troll. Your spin may work for some but it's just hilariously wrong for those of us who actually deal with hedge funds. But hey, your responses keep the thread alive so you keep your job.[/quote] +1. Frankly, I don't get why some Clinton supporter would care so much about this as to enter into obviously embarrassing discourse. I respect Clinton more than either Sanders or Trump, but still be surprised at the 90% principal loss we are discussing here.[/quote]
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