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Re: BullNBear52 post# 50403

Saturday, 12/10/2016 8:43:35 PM

Saturday, December 10, 2016 8:43:35 PM

Post# of 54428
I followed the last days of RadioShack. Two VC funds invested heavily and got killed. The CEO of one resigned. As usual, you almost never hear about the losers... which exist.

With hedge funds, another blow was the highly publicized exit two years ago of CalPERS from using them.
http://www.forbes.com/sites/jonhartley/2014/09/22/why-calpers-is-exiting-the-hedge-fund-space/#32a49b74101f

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"Given the various performances and fees I think I'll stick with investing for myself."
There are only a few things you can really control. Paying 20% of gains to some guru is insane, especially when you can get Buffett/Munger for free!

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