so in the parent thread, i've learned more about hedge funds than i knew before, and i certainly formed a favorable opinion of the fund discussed here. So i'll reiterate a prior post's suggestion regarding education. Beyond ignorance though, there's a clear bias that perhaps you ought to target. the HN community seems to me, to be very clever, fiscally conservative, and highly skeptical. I'm certainly the latter two.
Also, i suspect that a large fraction (easily double digit is my guess) of HN readers are accredited investors. Despite these attributes, knowledge you take for granted might be lacking. In my case, i lack a basic fluency in what a hedge fund is as well as a knowledge of a few simple rules to distinguish legitimate ones from those that (likely) aren't.
Without this knowledge, what i know about hedge funds is what i read on HN and that is usually unfavorable (setting this thread aside). So for instance, i recall reading that Ellen Pao's husband is a manager of hedge funds of sufficient reputation to attract more than $100 million from municipal pension funds, but is now bankrupt and declared a ponzi scheme by the bankruptcy judge.
Again, not to disparage hedge funds, rather just to emphasize that these are exotic instruments that very few have any idea how they work, and so there's nothing to mitigate the highly negative association caused by the alarmingly frequent instances of massive fraud orchestrated with hedge funds.
clearly it's not logical--everyone knows what a "hedge" is and they know what a "fund" is, but put those two words together and they metastasize into an term with a strongly reinforced negative connotation.
Also, i suspect that a large fraction (easily double digit is my guess) of HN readers are accredited investors. Despite these attributes, knowledge you take for granted might be lacking. In my case, i lack a basic fluency in what a hedge fund is as well as a knowledge of a few simple rules to distinguish legitimate ones from those that (likely) aren't.
Without this knowledge, what i know about hedge funds is what i read on HN and that is usually unfavorable (setting this thread aside). So for instance, i recall reading that Ellen Pao's husband is a manager of hedge funds of sufficient reputation to attract more than $100 million from municipal pension funds, but is now bankrupt and declared a ponzi scheme by the bankruptcy judge.
Again, not to disparage hedge funds, rather just to emphasize that these are exotic instruments that very few have any idea how they work, and so there's nothing to mitigate the highly negative association caused by the alarmingly frequent instances of massive fraud orchestrated with hedge funds.
clearly it's not logical--everyone knows what a "hedge" is and they know what a "fund" is, but put those two words together and they metastasize into an term with a strongly reinforced negative connotation.