Like anything,.. You got to use some common sense.
Joel Bernstein
It's important to look at the all the fees the general partner is going to be charging over the life of the fund.
life important
sense common
About eight to 10 years ago they got a bad rap, and in my opinion deservedly so.
bad rap opinion
When talking about equipment, it's important to look at what kind of equipment the fund will be buying,.. It may be the kind of equipment with a long life that doesn't become obsolete over time. An airplane, for example, lasts over the long term and has a good resale value, but computer equipment may have a shorter useful term.
life time kind good talking computer important
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