Well, those hedge funds charge enormously more than what a standard manager of marketable securities' charges.

那些对冲基金经理的收费,远比证券投资经理的收费高

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The idea is that people who don't have much money can't afford expensive lawyers and they can't figure it out and they really shouldn't be investing in hedge funds.

那些钱不足以支付昂贵律师费,无法解决资金问题的人,实在不该投资对冲基金

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As a matter of fact, it costs an increasing amount to play the game when you look at the fees that are paid to investment managers and hedge funds.

事实上,当把付给投资经理,和对冲基金的费用都算进去的话,这个博弈的成本越来越高

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I think it's very hard to raise the definition of accredited investors because the minute you do that you're closing large numbers of people out from their ability to invest in hedge funds and they don't like that; they feel insulted, so there was a lot of angry reaction.

我认为要提高,合资格投资者的门槛很难,因为一旦实施,大量的投资者将被拒之门外,这些有能力投资对冲基金的人们,可不会开心,他们会觉得被侮辱了并因此而恼怒

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Now, there are different kinds of hedge funds -there's a lot of legal complexity here but a 3c1 hedge fund is limited to ninety-nine investors.

如今有各种各样的对冲基金,...其中牵涉了许多复杂的法律条文,比如3C1对冲基金,投资人数上限为99人

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