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][quote=Anonymous][quote=Anonymous]If you buy into a hedge fund ficused on Greek debt, you are placing a big bet. Don't blame the casino for your gambling losses.  They did what you asked them to do. [/quote]

True, but losing 90% may well be a world-record. [/quote]

Nope, I've seen funds lose greater than 100%. [/quote]

Very funny  :wink:

(assuming you're being sarcastic)[/quote]

Not the same PP, but this happens with some regularity. Not sarcastic at all. [/quote]

It is mathematically impossible to lose more than 100% -- then you already have 0. [/quote]

If you raise 100M and then borrow 100M from your bank, broker, etc., you end up losing more than 100%.
[/quote]

Except then you declare bankruptcy. You can not lose more than you invested (unless you committed some kind of crime and are held personally liable).

Losing 90% is as close to total disaster as you can get (again, assuming you followed the relevant regulations and committed no crime)[/quote]

That's a nice idea. It makes sense to believe that. But that just isn't the way the reality is. [/quote]

Sorry, that's investment 101.

But I'm open minded -- please show me the hedge funds (or any other vehicle) with a negative return.[/quote]

Meaning, something like -150%[/quote]

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