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by infinite8s
1019 days ago
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I was explaining why capital preservation is important with this (albeit) dumb example. Obviously someone with $500M is going to be a bit more sophisticated about it (there are reasons hedge funds that return 15-20% annualized charge 2 & 20 - or some now do 3 and 30 with a 5yr lockup). |
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This is always a scam. Madoff died in prison, you know.