SIGN-UP NOW! SIGN-UP NOW! Click to become a VoiceAmerica Member for Free!
Voiceamerica radio logo
voiceamerica-business radio logo
Apple logo Google Play Store Kindle store
The Money Answers Show

The Money Answers Show

Monday at 12 Noon Pacific

February 06th 2012:The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to Be True

Our guest today is Simon Lack, Founder of SL Advisors, LLC. We will discuss his latest book Mirage: The Illusion of Big Money and Why It’s Too Good to Be True. “The problem is that the hedge fund industry is overcapitalized,” Lack says. “Hedge funds have made tremendous amounts of money, but it hasn’t made its way back to the clients. In fact, if all of the money that’s ever been invested in hedge funds over the history of the industry had been invested in treasury bills instead, the results would have been twice as good.” Lack exposes the truth about hedge funds: as a result of high fees, com

Read more
Share Email SHARE
Download PDF DOWNLOAD PDF
Get Code GET CODE

Tune in

Monday at 12 Noon Pacific Time on VoiceAmerica Business Channel
LISTEN LIVE
EPISODE ON DEMAND
VIEW HOST PAGE
Questions? Comments?
Call In Live!
Toll Free: 1-866-472-5790
Intl: 001-480-398-3352

Featured Guest

Guest Image

Simon A. Lack

Simon A. Lack is president of SL Advisors and author of Bonds Are Not Forever: The Crisis Facing Fixed income Investors. He spent 23 years at JP Morgan overseeing the fixed income and derivatives trading operations. He also sat on JP Morgan’s investment committee allocating over $1 billion to hedge fund managers and private equity funds. He is also the author of The Hedge Fund Mirage: The Illusion of Big Money and Why It’s Too Good to be True.
Read more

Share This Episode

facebook Share On Facebook
twitter Share On Twitter
Linkedin Share On LinkedIn
Share Email Share this E-mail
https://www.voiceamerica.com/show/746/the-money-answers-show 26/11/2017 09:00 26/11/2017 10:00 The Money Answers Show https://www.voiceamerica.com/show/746/the-money-answers-show Our guest today is Simon Lack, Founder of SL Advisors, LLC. We will discuss his latest book Mirage: The Illusion of Big Money and Why It’s Too Good to Be True. “The problem is that the hedge fund industry is overcapitalized,” Lack says. “Hedge funds have made tremendous amounts of money, but it hasn’t made its way back to the clients. In fact, if all of the money that’s ever been invested in hedge funds over the history of the industry had been invested in treasury bills instead, the results would have been twice as good.” Lack exposes the truth about hedge funds: as a result of high fees, complex legal structures, poor disclosure, and return chasing, investors have ended up with meager results. Lacks advises hedge fund investors to invest the way they did in the 1990s: look for smaller funds that are not well followed and utilize obscure and off-the-beaten-track strategies. The vast majority of hedge funds did better when they were smaller, and so did the industry as a whole. VoiceAmerica | Talk Radio | Online Talk Radio studio@voiceamerica.com false DD/MM/YYYY Add to Calendar
Email Host Email the Host

Connect with VoiceAmerica

Download our mobile apps
App store Google play Blackberry store
GPlus Facebook Twitter Linkedin Social Media
presspass-banner