Wealthy Investors Are Leaving Hedge Funds for Real Estate

We are ahead of the curve!

Wealthy investors boosted bets on real estate and left hedge funds and equities as concern over high valuations and geopolitical risk push them back to basics.

They had 33 percent of their portfolios on average in real estate at the end of the second quarter, according to a survey by Tiger 21 released Tuesday. That’s a record since the group of high net-worth investors started measuring aggregate allocations in 2007.

The average allocation of members in hedge funds fell to an all-time low of 4 percent. That compares with about 5 percent in the fourth quarter of 2008 in the midst of the financial crisis. Hedge funds have been under pressure from investors troubled by their high fees and poor performance.

Hedge funds are biggest scams in the world. Allocations should be 0.

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Maybe that explains the Sunset shacks for 1.5M…

And speaking of hedge funds…

Grossly overcharging medications, eh??? Karma is a batch, son…

http://www.sfgate.com/news/crime/article/Jury-deliberates-for-5th-day-at-Martin-Shkreli-s-11733954.php

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Most of the pharma companies do the same technique. Some are just more aggressive than others.

Securities fraud is a different animal.

Hedge funds are not very different from actively managed funds. Yes, I think you are better off buying your own stocks.