I have to admit the psychology behind the sort of decision to invest in a hedge fund that admits to grossly under performing every benchmark intrigues me and does show that Kahneman and Tversky were on the money when they said that money induced glitchy thinking and caused us to depart dramatically from the basic principles of probability.
Am I getting too old, or do the just talk too fast?
They do tend to have a somewhat breathlessly excited manner about them.