The "Investment Methodology" says the strategy was "market neutral". I feel sorry for investors who are not market pros (e.g. doctors, sports figures, etc.) who got scammed by this guy.
The "Investment Methodology" says the strategy was "market neutral". I feel sorry for investors who are not market pros (e.g. doctors, sports figures, etc.) who got scammed by this guy. I saw that ("market neutral") as well. Can any one explain to me why "market neutral" can still have about -50% drop in a month?
Losing 50% of your money and going under are two different things. If you lose 50% , you still might have a chance to come back, right ?
If you look under http://www.barclayhedge.com/ , the fund is still in business. I wonder though, what is the best strategy to protect against naked options.
Not only that. BarclayHedge gave them a TOP 10 Recognition award... after losing 50% in 2008. Doesn't smell right to me.
sorry to revitalize a dead thread 3 years later, but not only did these guys not die, but they are at all time highs now. Honestly, they have some pretty impressive results..
They just broke the high of 2008 (4 years later!). Depending on where you might have invested with them you might be singing a different song.