Tuesday, November 23, 2010

Is There an Alternative to “Alternative Investments”?

What's all that thrashing about in the hedges? Three funds were raided by the FBI, and the SEC is nosing around Steven A. Cohen's SAC Capital Advisors.

Venture capital isn't looking good either, according to Sean Parker, the entrepreneur played by Justin Timberlake in "The Social Network." In Parker's view, “The risk-reward doesn’t work out … anymore.”

More than two years ago I fantasized about a return to all-natural, plain vanilla investing. Must have been ahead of my time.

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