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Archive of entries posted on 4th June 2015

The big lesson in business cycles and (yuch) funds

I don’t like funds. And I don’t like business cycles. I can stay away from funds, not business cycles. (But I can handle business cycles with stop loss orders.) Here’s yesterday’s notice from Goldman Sachs. It relates to my investment in their miserably -performing Vintage Fund IV LP. Now I’m not totally stupid. The pitch […]