Coming out. Ok. If theres any members of the public that would like to address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2
Address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2008. The average hedge fund lost between 18 and 20 . Im sure youre all
Do we need a motion to go no, were just coming out. Coming out. Ok. If theres any members of the public that would like to address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our
Address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2008. The average hedge fund lost between 18 and 20 . Im sure youre all
Address the commission about going to closed session, now would be the time. Seeing there is no members of the public, we will not have Public Comment. Will everyone please vacate the room that doesnt need to be here . Should we call the meeting to order . Is there a motion not to disclose . Is there a second . Great. Could we do that without objection . Ok, great. Item passes. First order of business is Public Comment. Are there any members of the public that would like to address the commission . My name is john stenson. Id like to give you four good reasons why you should divest from hedge funds. This is a highrisk, highcost, lowreturn and they dont give protection during a down market. I think all you members, including the Investment Consultant have been sold on the theory that hedge funds gives protection. Which is not true. Lets go back to 2008. That was our last down market. What happened to hedge funds in 2008. The average hedge fund lost between 18 and 20 . Im sure youre all