Don't Be Scammed by Madoff Investor Sob Stories [View article]
Why do they call Madoff's record too good to be true? My mutual fund's current 7 year record (since inception) beats Madoff's performance! And it is honestly run. Of course the curve isn't as smooth as Bernie's. But it has a 0.84 beta and has spent about 95% of it's time above Bernie's no-drawdown straigtline plot. So such a thing can be done with equities - even over two horrendous bear markets.
Don't Be Scammed by Madoff Investor Sob Stories [View article]
Of course the curve isn't as smooth as Bernie's. But it has a 0.84 beta and has spent about 95% of it's time above Bernie's no-drawdown straigtline plot. So such a thing can be done with equities - even over two horrendous bear markets.