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All accredited investor means is you have $1m+ in net worth or $250k+ in salary. Out of the range of the average young American, but small peanuts for most people worrying about asset mabagement

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I'm slightly less appalled now. It still baffles me though, as common sense would seem to indicate that having money and paying 3.6% are mutually exclusive.

Thanks for clearing that up.

(If only i had a cloth to clear my screen up too..)

If you have the degree of money to invest and you believe the expected the net return exceeds your other investments, you very well might make the bet.

We are, after all, talking about hedge funds. How much variance are you willing to tolerate?

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