From my book, with apologies to Sir Winston Churchill whose speech following the Battle of Britain in 1940 inspired this line. Fees have, without doubt been part of the problem for hedge fund investors. The financial press is picking up the story and some of the articles are linked on the book’s website. Meanwhile, sales have now reached the top 0.1% of books available on Amazon both in the U.S. and the UK.
Posted by: Simon Lack | December 29, 2011
“Never in the history of Finance was so much charged by so many for so little.”
Posted in Hedge Funds