Simon Lack spent most of his 20-year plus career in the hedge fund industry.  Then he wrote a best-selling book explaining how investors would have generated higher returns in Treasuries compared to most hedge funds - after you factor in fees. Today, Simon is managing partner at SL Advisors. On this week's podcast, he talks about the risks of investing in hedge funds. He also talks fiscal cliff and shares some of his favorite ideas to buy right now.