Thursday, August 10, 2006

MotherRock Hedge Fund to Close After `Terrible Performance'

Bloomberg.com: Exclusive

Yet another Hedge fund blowup - this one run by a former President of the NYMEX (New York Mercantile Exchange). Another bites the dust. Hedge funds are as waste of your time and your money, don't be lured into these seemingly "sexy" investments. There are simple principles that should guide long term investors, if implemented and followed your performance will be just fine.

Scott