Summary: This podcast is in response to the latest announcement by CALPRS, the California Public Employees’ Retirement System, that they have decided to liquidate their $4 billion in hedge fund investments. Paul discusses the sad truth about the expense, returns and slippery nature of the hedge fund industry. Here is just one of the many aspects(...) The post Hedgefunds – The Good, The Bad and The Ugly appeared first on Paul Merriman.
