The Federal Reserve Hedge Fund (Ticker symbol SPY), formerly managed by hedge fund manager Bernake and now hedge fund manager Yellen, is the best hedge fund ever:
* No 2/20 policy (2% commission and 20% of profits though this comes with a caveat when you pay capital gains tax).
* No minimum $1 million investment requirement either
* No minimum holding period
* The Federal Reserve Hedge Fund has crushed other hedge funds and has managed to match its index (SP500).... which hedge fund gave you a 30% gain in 2013? hmmm.. yeah, that's right.
* Federal Reserve Hedge Fund is the only investment bank that can print cash.... low investment into the hedge fund? No probs, Yo Yellen, print some money will ya... Bonds are getting crushed? No probs... Yo Yellen, lower interest rates will ya?
* Anyone from main street with as little has a hundred bucks can invest in the Federal Reserve Hedge Fund. In fact, anyone from main street who had invested in the Federal Reserve Hedge Fund has crushed their millionaire counterparts who invested in wallstreet hedge funds.
So investors, bow your heads. Let us pray:
Our mother which art in the fed,
Yellen is thy name.
Thy QE come
Thy economy be done
In main street as it is in wall street
Give us this day, our monthly dividend
And forgive us our margin debt
As we forgive Argentinian bond debt
And lead us not into greed
but deliver us from stock market crash
For thine is the central bank, and markets and interest rate forever
Amen |