Page 6 - Performance Funds News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Have you learned from 2008 . Apparently not. Some unions say we should have money in hedge funds. I say bull. I say bull. We dont need any money in hedge funds and in fact those unions telling us to invest in hedge funds are not doing us a service. In fact they tell us to invest more and we need to put more money of our pension. I say no. Will let the billionaires in San Francisco. They have not. They have tax deductions. They are not paying their share. They are saying that Public Employees have to pay more in health care benefits, have to pay more in pension benefits. Thats whats going to on...

Typically theyll get a gain an Incentive Fee on the 20 percent but not in the subsequent where were well into the next year until theyre back to where they were at the prior point and okay. So in essence their losses will offset their gain. Thats correct. One by one. Not everyone at the same time. The majority have my water marks. The claw back you get our money back if they lose money thats not the case here it is subsequent gains youre not paying an Incentive Fee. If they go out of business your toast. Thats true. Were truly sorry you lost 95 percent of our money but not sorry enough to give...

Happening we talked about the currency overlay it wasnt the same level of oh, i made a mistake i want to communicate fully those kinds of habits go a long way to get truth for the people that have the capital i want to discuss some of the comments by the unions that represent the members this was by terry that we have to trust the exerts let me give you a quote from jfk from the bay of pigs how could i have been so foolish to trust the experts we almost went to uniquely last year war so you tell meer the experts that was the whole problem with the bay of pigs everyone said hey, lets go so bewa...

For the infrastructure and 2 should be lower for that as well. So on the report a thats what i have lets go to the report and the recommendations on the table since the gentleman wants us to see the elements let go to the precise page and the number were looking at here. Two on the i thought that is page 11 the second column from the right so okay. So lets this is the motion on the table i believe this is the with whats called page 11 the second to the far right most column that is the title easiest policy just want to point out that were notlogically bonds that much youre moving bond from 25 ...

The next year until theyre back to where they were at the prior point and okay. So in essence their losses will offset their gain. Thats correct. One by one. Not everyone at the same time. The majority have my water marks. The claw back you get our money back if they lose money thats not the case here it is subsequent gains youre not paying an incentive fee. If they go out of business your toast. Thats true. Were truly sorry you lost 95 percent of our money but not sorry enough to give back the fees. The risk is i would role the device because i can make it up let me move on the staffs recomme...