Monday, December 12, 2005
That just appeared on my feedburner in gmail. It has gotten to the point where someone is offering an internet "how to" on starting a hedge fund. The scariest thing is not that this service exists, it is that they are advertising using google adwords. I mean, how wide of a net do you want to cast with a service like this?
If this isn't the last straw in getting hedge funds regulated by the SEC, it will be when one of their clients with absolutely no experience in investing loses about 500 million of dollars.
I almost think this is a joke.
Check it out: http://www.turnkeyhedgefunds.com/
Posted by R.a.T. at 9:10 PM