How much due diligence would you perform on a fund before giving them your $$$?

Discussion in 'Professional Trading' started by Jumpshot, Jul 1, 2009.

How much due diligence would you perform before giving someone $5 million?

  1. No Due Diligence

    0 vote(s)
    0.0%
  2. Minimal Due Diligence

    0 vote(s)
    0.0%
  3. Medium Due Diligence

    0 vote(s)
    0.0%
  4. High Level of Due Diligence

    3 vote(s)
    37.5%
  5. Complete and Thorough Due Diligence

    5 vote(s)
    62.5%
  1. Cutten

    Cutten

    How is it "saving money" to endanger $5 million for the sake of $10-20 thousand? That's like buying a $5 million house with no home insurance.
     
    #11     Jul 1, 2009
  2. IMF

    IMF

    eheheheh that is exactly what funds do, they disperse and invest in each other

    that is why when all goes to hell, most of them go to hell :cool:
     
    #12     Jul 1, 2009
  3. they aint got no website...I aint a lookin
     
    #13     Jul 1, 2009
  4. sjfan

    sjfan

    And now we know why you don't have $500MM...

     
    #14     Jul 1, 2009
  5. yea but they wont all be ponzi schemes that could go to zero.
     
    #15     Jul 1, 2009
  6. MGB

    MGB

    There are companies that specialize in due diligence of hedge funds, alternative investments, etc.

    There's a cottage industry around due diligence.
     
    #16     Jul 1, 2009