Hedge Fund “Charity”

New Hedge Fund Will ‘Do The Right Thing’ | FINalternatives.

Here is an interesting concept: set up a hedge fund, market it as helping the world, and then charge the investors 1.5% management and 25% of profits.

Oh, and also limit yourself to investing in super high beta stocks from “market sectors dealing with hunger, thirst and disease, as well as in clean energy.”

Translation: Invest in solar tech and wind companies that are going to be -100% of +1000%, but charge a 25% carry.

Anyone interested in some Turnkey Analyst Snake Oil? We charge $500/oz, our product is 100% organic, and we donate 10% of our profits to charities in Bermuda.

 

About the Author

Wesley R. Gray, Ph.D.Better known as "The Turnkey Analyst, Ph.D.", Executive Managing Member, Empiritrage, LLC, Assistant Professor of Finance, Drexel University’s LeBow College of Business, United States Marine Corps, Captain, Ground Intelligence Officer, Published author; featured speaker, author, and lecturer at numerous venues (top-tier universities, museums, radio, and television), Ph.D./M.B.A. Finance, University of Chicago Booth School of Business, B.S. The Wharton School, University of Pennsylvania, magna cum laude Wes' homepage is at http://welcometotheadventure.com/View all posts by Wesley R. Gray, Ph.D. →

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