Home › Forums › Financial Markets/Economics › 90 year old goes back to work post Madoff › macromaniac wrote:Kewp, The
[quote=macromaniac]Kewp,
The guy didn’t even buy a thing over the past 20 years with billions. [/quote]
Exactly.
Which is why smart people didn’t give him money.
Dumb people did and they lost it all.
And the SEC doesn’t regulate these douchebags exactly *because* they don’t want to legitimize them.
Moral of the story; don’t invest in unregulated hedge funds unless you can afford to lose the investment.
