Deciphering Jargon and Numbers a Tough Task ; Investing One's Money 20 Years Ago Was Much Easier Than It Is Today. In the Main It Was Simple - You Handed Over a Cheque and the Investment Was Made with Relatively Little Choice As to Who Managed or in What.

Summary

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Investing one's money 20 years ago was much easier than it is today. In the main it was simple - you handed over a cheque and the investment was made with relatively little choice as to who managed or in what.

Now the investment arena is littered with hedge funds, oiecs, nurs, ETFs, absolute return, unit and investment trusts, long only or short funds. They are compared according to their alpha, beta, sharpe and information ratios, standard deviation etc.

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Deciphering Jargon and Numbers a Tough Task ; Investing One's Money 20 Years Ago Was Much Easier Than It Is Today. In the Main It Was Simple - You Handed Over a Cheque and the Investment Was Made with Relatively Little Choice As to Who Managed or in What.

HBOS shares went down again this week when a hedge fund was reported to have "shorted" the shares. What are we to make of all this? If it was difficult 20 yea...

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