Added: 3 years ago
From: TheStreetTV
Views: 2,898
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  • Investment bankers never gamble with their own capital they use public capital.

    Diversify your losses with mutual funds but only after paying on average a 2.5% management penalty fee.

  • @noodletropic I have some friends who worked in private equity and the like. Many of those firms expect you to put in your entire life savings into a financial deal. Rule of thumb for investing in a hedge fund (not that I would eer have the money to do this) is to only invest with managers that have their own money at stake.

  • @noodletropic I have some friends who work in private equity and the like. Most of those firms expect you to put in your entire life savings into a financial deal. Rule of thumb for investing in a hedge fund (not that I would ever have the money to do this) is to only invest with managers that have their own money at stake.

    Why invest in a MF with 2.5% expense ratio, when you can invest in an index fund with and ER of 0.10%?

  • It will get worse. Most jews will say - Use other peoples money....... credit credit credit.

    Credit is the downfall of the American dream.

  • awsome

  • good one.

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