Speaking of Warren Buffett:
https://www.cnbc.com/2017/08/09/buffett-challenge-hedge-funds-vs-index-funds-9-years-on.html
https://www.marketwatch.com/story/buffett-wins-his-hedge-fund-bet-and-this-nonprofit-wins-bigger-2017-12-30
@Madison85 sorry 500K is not a fee but a minimum investment account that you will invest your money. Fee is only if they make money, charge 20% of the profit performance. Fixed fee are 0% charged by buffet ( he actually charges 100 k per year) to 4% like very famous people in Greenwich Ct. Fixed fee is whether they make money or not. Young managers does not charge any fixed fee. This model is called 2 & 20. 2% ( or lower like maybe 0.5%) fixed fee and 20% performance fee on the profit they make. No performance fee if they do not make any money.
@doschicos I know you are going to pull that one, but ask buffet when he started himself he was the first hedge fund guy. Most of the hedge fund buffet put their challenge and talks are people who invest on basis of charts, fund of funds, yes they can not beat market. They seldom beat markets. Ask him how value hedge fund has done . Look Guy Spiers, Mohnish Pabrai, Seth Klarman, have done it. But their minimum is very high. Plus investment is a personal thing. You have to trust the person. It is very hard to find those young people who have burning desire to start own their own just like Jeff bezoar left a quant fund to run Amazon. Few die hard leave Cushy $$$$$$ dollar jobs to run their own hedge funds. find these people and watch them and once you are comfortable, go with them. ask their audited reports from third party audits, not like Bernie madoff self certified audit reports.
Itās easy enough to follow these guys if one wants to, they put their stock picks online. And you donāt need 500K-1 million dollar minimum to do that. But telling average people who donāt have massive amounts of money that they should find an investor who has gotten 25% for the last ten years is pretty unlikely. I canāt imagine paying a 2% fee and a 20% performance fee on profit. That sounds like a scam.
āI know you are going to pull that one, but ask buffet when he started himself he was the first one.ā
Then he has a handle on what heās talking about, does he not? And Buffett definitely wasnāt talking about purely chartists/technical analysis. Heās a value investor himself and those funds were definitely included in his statements.
" Few die hard leave Cushy $$$$$$ dollar jobs to run their own hedge funds. "
And actually thatās not true. Everyone and there cousin was moving to hedge funds 10-15 years or so ago. In the past several years, where hedge fund performance has been lackluster, not as much maybe.
@busdriver11 not everyone charges 500 k mimum, there are few who charges 100 k or even 25 k. But these mangers are below 100 million in total amount they have available to invest. And yes once they are above 100 million, they have to put on SEC website what they bought and what they sold, true. But they do this quarterly basis every three month, one can sell before you know it, and it may be too late for regular people to sell. Their minimum is ver high. As Charlie Munget says investing looks easy but it is very hard. If you are doing it successfully, my hats off to you.
By the way I just to say my three kids have attended prep school on full aid, two have attended Harvard on full aid. Third is looking for college next year. But two older one are now working and still learning at Wall Street jobs. They talk about these value investors, and that is why I know about this.
@doschicos thanks to Federal reserve low interest has skewed risk taking capacity. We have not solved any underlying real problems of 2009. But there are many who have left and started their own funds. Many have good performances. I think I have answered many questions, let us stop here. As I do not want to be known yet. I will answer anyone in PM only about this issue. Have a good night!
CC has been very helpful to me and my kids. That is why I posted about this issue. I hope I did not make a mistake in compromising my identity.
āAs I do not want to be known yet.ā
āI hope I did not make a mistake in compromising my identity.ā
Huh?! Why so cryptic? It appears English is not your first language, so maybe that is the issue, but I find it odd you come here making claims to have access to information with high returns and encouraging folks to PM you for more information. Are you an investment professional?
^^His kids might be investment professionals. They went to prep school and to Harvard on full aid so if he is an investment professional, he could be one with lower income/assets.
If so, such posts are professionally inappropriate. Regardless, no need for such cryptic comments on an anonymous message board.
No I am not. The reason I said about PM to let you know that I am not afraid to debate, but I rather not talk much more in public forum on this issue. just do not want to be known. I was trying to be helpful as many of you have helped me and my daughters as they venture into this beautiful journey, even though I had less money. Thanks CC.
Casino - please note that CC is not a debate society. 
8-|
@doschicos you are blaming me without proof. I was merely trying to be helpful. But I guess one should never ever offer a free advice to people who are not interested to learn and improve themselves. Thanks and have a good night.
May be it is a cultural thing to return favors when one gets benefitted oneself. I was merely trying to be helpful, but I guess I was not. And If I offended anyone, pardon me. I was trying to be only helpful, not making myself superior anyway
Have you even read this forum? Thatās all we do here. Ad nauseam.
Good night.
From what I can see of hedge fund performance on-line, there are zero publicly known funds that have generated 25% average annual returns for 10 years.
All five hedge funds in the Buffett challenge are handily trailing an S+P 500 index fund over 9 years.
To generate those kinds of returns seems like it would require extraordinary risk, which those of us playing with our retirement money are understandably leery to do.
@nynycasino1234 Everyone here is willing to learn, although free advice is often worth exactly what you pay for it. I personally would love to find a money manager who could make those kinds of returns. I have no idea how to find these people. I have no idea how to figure out if these people are on the level or not. Give us advice on how to find and evaluate these kinds of money managers, that would be helpful.
@nynycasino1234 Iām providing a counter opinion to your bold claims which can be misleading to others. You bet youāll be questioned if your comments arenāt passing the sniff test. This is peopleās retirement money weāre talking about.
I already gave you three name
Guy Spier
Seth Klarman
Mohnish Pabrai
See their records for yourself. However they ask minimum investment very high. They will pass all your sniff test. Future performance is not guaranteed, but they have beaten s&P handily. If I have money I will invest my money with them. see my post I gave you name. There are more of them.
Mohnish 517% return vs 43% s&up since 2000 search Forbes article.
Klarman 16.4 percent in last 30 years but he runs a very large fund and has returned people money