Our separate managed accounts are transparent, while mutual funds and hedge funds are opaque. One does not know what is in a mutual fund or hedge fund, other than a time-delayed reporting of the top ten, possibly. Our accounts are an open book, available online 24/7. This is a significant improvement, but like looking under the hood of one's car, can be a bit confusing. One sees what goes on in the way of positioning, adding to, trading around a core position in a stock. These professional methods go on in mutual funds, but the fund holder never sees them. With our method, you have the choice to view your account at any level you choose, from the occasional executive summary, to every penny of each trade.