Are PE Products for Retail Investors the Next Fraud? And Is Crypto One Giant Fraud?

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Michelle deBoer-Jones
Published on

The 2024 Morningstar Investment Conference is in the books now, and many of the panels brought fountains of wisdom for investors. One of the panels on Wednesday included Bethany McLean of Vanity Fair and Zeke Faux of Bloomberg, with Todd Trubey of Morningstar moderating.

Among the many topics that came up was where investors should look for the next major fraud to appear. While McLearn did say it will come from an area where no one is looking, she offered some additional warnings for retail investors.

Beware PE products for retail investors

She said the next major fraud will...

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Michelle deBoer-Jones is editor-in-chief of Hedge Fund Alpha. She also writes comparative analyses of stocks for TipRanks and runs Providence Writing Services. Previously, she was a television news producer for eight years, producing the morning news programs for NBC affiliates in Evansville, Indiana and Huntsville, Alabama and spending a short time at the CBS affiliate in Huntsville.