4 Tips for 'Smart' Investors
New York Times:
When wealthy investors are willing to hand over a sizable sum to a single money manager they heard about at the country club, certain first principles of investing bear repeating.
That manager, Bernard L. Madoff, is accused by the Securities and Exchange Commission of running a fraud scheme that may be the biggest in Wall Street history. But if it ends up in the record books, it will be because scores of people made outsize bets on his prowess without taking the time to fully understand what they were investing in.







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First Posted: 12-13-08 11:22 AM | Updated: 01-13-09 05:12 AM