A colleague pointed out to me this morning that a Ponzi-only fund-of-funds is long overdue. You get stable returns; there are apparently many Ponzi funds to allocate among; there are some large ones so you can put a great deal of money to work; and such funds last for years and years.
Now, admittedly they have a tendency to blow up at the end, but couldn’t you say that about any hedge fund?
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You’re on top of the game. Thanks for srhinag.