I was listening to the radio today and heard that most Hedge Funds have recorded a double digit loss, some of them have even written a letter to investors apologising and explaining why this has happened.
I know there has been speculation about WTBTS investing in hedge funds, I also remember seeing a video from Snarky Apologist showing they were on the attendee board for a Hedge Fund investing seminar.
I wonder if the latest panic cost cuts have to do with losing some money??
I can't figure out where their money is going. When I look at the financials available they are covering costs or losing a little bit.
It is just a thought but wondered if someone here knew anything else.