tag:blogger.com,1999:blog-30210655.post4464933645260221741..comments2024-03-27T14:28:47.542-05:00Comments on Wha' Happen?: The Economist on Fund Managers Robert Boydhttp://www.blogger.com/profile/10832011160514073833noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-30210655.post-32207139044982203752008-03-03T17:12:00.000-06:002008-03-03T17:12:00.000-06:00That's the question. I don't understand why--it do...That's the question. I don't understand why--it doesn't seem rational in the face of the returns they can expect versus the huge fees they have to pay.<BR/><BR/>My only guess is that having money makes you feel you can gamble. So you are willing to gamble and, on average, lose on the hopes of getting a large return. After all, some portion of hedge funds (and mutual funds) do outperform the Robert Boydhttps://www.blogger.com/profile/10832011160514073833noreply@blogger.comtag:blogger.com,1999:blog-30210655.post-58385081027301349302008-03-03T12:24:00.000-06:002008-03-03T12:24:00.000-06:00Do you think that the super rich are investing in ...Do you think that the super rich are investing in retail mutual funds or in index funds? Or, do you think that the super rich utilize hedge funds? And why?Anonymousnoreply@blogger.com