I was wondering how to do this as well.
So your telling me that something easy to do in Windows (password protect a folder) would require me to go into Terminal and do it that way? How the hell is that secure?
Say I have the last few years of my tax returns, bank statements, etc. on my MBP. How would I keep that folder from being accessed?
You asked about "hiding files" and got an answer for that. A password protected folder in Windows is not hidden - it is clearly visible. There is a difference between "hidden" and "not accessible"; you got the answer for the question you asked and not for the question you wanted to ask. Hiding things is difficult to do and that is intentionally; once things are hidden you can't see them anymore and they are difficult to unhide. This is just meant as an explanation.
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Now **** and stop being a little fanboy btch. Why is it so hard to acknowledge a flaw in an OS!??!!? Is it a personal insult or something? I really don't understand...|
There was some useful information here which would have solved your problem but I removed after reading this.