Moon Kil Woong

Start Your Own Personal Hedge Fund (and Pay Yourself the 2 & 20)

Good read. 2/20 is highway robbery. If a hedge fund really wanted to really help you make money the fist thing they should advise you on is that reward is a direct function of risk, past performance means little or nothing, and not to buying a hedge fund because the risk you incur is magnified and the reward does not fairly offset the risk. Your better off in almost any other investment merely due to the fact that they charge less commission.

The Vicious Cycle of a Falling Dollar

You don't need to put yourself in the shoes of a foreign investor. Even as a domestic investor, would you buy long term treasuries? At this rate they might as well pull them off the market.

Lastly, a vicious cycle requires more than one component to make it a cycle. There is no cycle. The cause is the effect. If you make too much funny money its worth less. Plain and simple. No foreign conspiracies, etc. Those are all effects of the Fed and Treasuries fatally maligned policies for the past decade that are only getting worse.

I agree with the author that commodities should benefit. Also currencies that can't devaluate more like the Yen (The Japanese are scratching their heads saying, "Zirp been there... done that and now were stuck there. So why is the US copying quantitative easing? Especially when they don't have a surplus to afford it.")