SFGTV December 8, 2014
Cost. The fees that no matter how to investments perform are gone forever. The risk in liquidity inherent in the hedge funds and thirdly the lack of transparency and she gave me a really good example from the state of kentucky where they invested in hedge funds and then the state legislature of kentucky and the state auditor asked politely and again in those lovely southern accents to look at the books of the hedge funds and they were refused. They were treated like a stuffed owl. I dont know if you want to be treated like a stuffed owl by hedge managers. Thats all i ask. I ask of this commiss...