How to Win at Roulette
Slate Money
00:00
Why Small Individuals Should Not Invest in Illiquid Alternative Investments
Mooch is giving investors two redemptions, windows twice a year. He's just holding on to the money he has for as long as he can precisely because he knows that he's not going to raise another fund anytime soon. This is another reason why small individuals should not be investing in illiquid alternative investments. It means they hold all the cards and they're going to write that contract in their own favor.
Play episode from 23:11
Transcript
