Image Credit: Alex Nabaum
By Jason Zweig | Updated June 19, 2020 3:41 pm ET
Investment performance can be fleeting, but fees are forever.
That’s the lesson from a recent reversal at a prominent fund. Chaotic markets can cancel years’ worth of gains in days, but expenses don’t dwindle when profits disappear. And, new research shows, those costs can be even higher than they look.
Consider SkyBridge Multi-Adviser Hedge Fund Portfolios LLC, a fund of funds, or a basket of hedge funds that are run by about two dozen different managers. Normally you’d have to put up millions of dollars to be allowed into any of these portfolios, but you can invest in them through SkyBridge with as little as $25,000.…
To read the rest of the column:
For further reading:
Benjamin Graham, The Intelligent Investor
Jason Zweig,The Devil’s Financial Dictionary
Jason Zweig, Your Money and Your Brain
Jason Zweig, The Little Book of Safe Money
Articles and other resources: