Originally Posted by ***
Nice. I've read than two and twenty is no longer the norm, is that your experience? I am unable to get first hand experience due to a shortage of capital.
Nice. I've read than two and twenty is no longer the norm, is that your experience? I am unable to get first hand experience due to a shortage of capital.
Two and twenty has become the industry standard. When I launched my fund(s) one and twenty was still the norm so that's what we charge. The household names charge as much as four and fifty these days...we're old school.Nice. I've read than two and twenty is no longer the norm, is that your experience? I am unable to get first hand experience due to a shortage of capital.
Four and fifty? No way...
Steve Cohen, Leon Cooperman (lives in Boca part of the year), Lee Ainslie to name a few. Nice work if you can get it.
You gotta pay the extra vig for the insider scoop...
Seriously.
I have no idea how much of the managed funds is their money and how much is investors, but I think investors are taking a hard look.
What is the point of this thread?
Why is this thread in Politics and not Off-Topic?
No matter how peaceful, humanitarian and tolerant you are, no matter how well-meaning and honorable your goals - if you ask for a new government law, program or plan, ultimately that program will be paid for with property taken by force from others and the law will be enforced at the point of a gun.
testing, testing: ***
why does ***'s name get censored when quoted?
edit>>guess it gets censored just writing it out.
I asked this question on page one. Junior rarely, directly, answers a question.
Fly rods for sale: http://forums.floridasportsman.com/s...-rods-for-sale
JR doesn't like long term capital tax rates. He thinks they should be across the board marginal tax rates. I assumed he was trolling, expecting to lead for that. But I don't know for sure.
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