Bright Shiny Objects, all that Glitters isn’t Gold May17

Posted by & filed under Fraud.

No doubt all of us at one time or another are swayed by appearances, if we are honest with ourselves.  Only later do we discover that this suspension of disbelief has hurt our results.  Let me state upfront that this happened to us in our relative youth, and share what we learned from it.  No bona fide excuses, we fell into this trap in the early 2000’s with a small investment in Bayou Fund.  Notwithstanding the size, it was painful, dumb and avoidable

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