i have got a friend who wants to start a derivative fund- he has got CFA and is in the process of getting his FSB licence What are the things i should ask and look out for if i want to invest with him?
What is the price of your friendship? What I mean is how much money can he loose for you before you are no longer friends? In this game, never do business with friends. Guaranteed to lose either yr cash or yr friendship or both. OMO