Weinglass...hmmmm...back in the 90’s I was a young fund manager fresh from the Ivy League and adopted by the Jewish Mafia on Park Avenue. My sponsor took me to all of the people Bernie knows and they all put money with me because of my godfather. I made one deal with them. I said our program was low volatility and that if it ever went down below -15%, then that would tell us that the fund provisions could not withstand the market forces and we would close it out and give the money back.
When the tech wreck hit, that very thing happened and when I tried to give the money back, the investors didn’t want it back and my godfather told me I was an “ethical idiot”. But I insisted and since the day the last dollar was given back...Jewish Wall Street has not taken my call. I wonder how much of those millions ended up with Uncle Bernie Madoff.
Some people never learn...
Your post is a bit incoherent, Ivy League or not.
If you did what you said you did, you gave your clients more downside insurance than even an annuity and they didn't want to hear it.
My gosh are they that greedy and unable to fathom risk?
Maybe they need to read Warick's "Searching for Alpha"?