I don't generally have a lot of mental bandwidth available for the websites who spend their time either trashing Wall Street, or ridiculing it. I read the headlines in zerohedge just to make sure I haven't missed anything outside my wheel house, but that's about it.
but I have to admit, I found this particular Dealbreaker piece quite funny:
Hedge Funds Perform Better And Cost Less Than Previously Thought, Say Hedge Funds
And this is by far the best comment:
Don't quite get the point of the whole "hedge funds are evil because their fees are too high!" argument anyway. Seems like if you don't like paying 2-20, the solution is to not invest in something w a 2-20 fee structure.
I don't like travelling by bus, but I don't sit around bitching about the existence of the Port Authority Bus Terminal.
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