Quote from: DrGregMulhauser on August 22, 2013, 07:37:32 PM

Quote from: arctos on August 22, 2013, 05:23:19 PM

How will NAV reporting be verifiable?

I would recommend that anyone interested in participating in the fund should first read through the listing documents provided at the exchange -- including the FAQ -- and perhaps also the earlier discussions in this thread, to get a better understanding of how we'll be reporting.

TL;DR ;-)

Short answer: He won't
Long answer:

Quote

As a general rule, hedge funds do not disclose full trading histories, and they disclose snapshots of specific holdings only weeks or even months in arrears, if at all, so as to minimise the adverse impact on returns caused by publicizing their ongoing investment strategies. Participants who rely on portfolio snapshots to infer underlying investment strategies, or who otherwise require detailed updates on portfolio changes, should probably not invest in hedge funds in general and should not participate in a Bitcoin-denominated fund operating in a hedge fund style.

That being said; Greg if I might suggest; it might be a good idea to have holdings verified every once in a while by a trusted third party? Otherwise you're making it very easy to run a Ponzi out of this..