Value Investing Why isn't there a database to monitor funds performance? Why the industry still relies on freakin' letters to communicate the performance of funds? |
Posted: 03 Nov 2018 06:12 AM PDT This is really beyond me, I mean why is there all this secrecy in this industry? Besides how does this veil of secrecy protect investors? Say I am wealthy enough to get over all the gatekeeping which exist to prevent normal people to invest in funds and decide to invest in a fund , I'll use "Kynikos Associates " in my example because I admire Chanos for his uncovering of Enron. Say I go there and the guy shows me bogus past performance numbers, how would I even verify that such data has been manipulated? How would I verify that the past performance data handed to me by the fund's manager is in fact correct? Is there a database to do that? If so how can I access it? [link] [comments] |
GCI Liberty (GLIBA), Delphi Value Investments Posted: 03 Nov 2018 07:10 AM PDT |
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