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TeachMeFinance.com - explain Blind pool historic definition... Blind pool -- Said when several persons contribute capital to a pool (mutual fund) only the manager of which knows in what way the money is to be used. The purpose of a blind pool is to insure secrecy. About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2007 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional financial or legal advice. TeachMeFinance.com and its owner recommend consultation with a professional financial advisor prior to any investment or financial decision. Please read our disclaimer.