| http://www.w3.org/ns/prov#value | - mimic the average hedge fund strategy at a tenth the cost with better results and much better liquidity.The best way to persuade non-Bogleheads not to do stupid things like invest in hedge funds is not to hit them over the head with how dumb they are for doing so, but rather to show them just how much they are paying for nothing, and I think Joe's piece did a pretty good job of that.BillWhen I read
|