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The waiter provides a service in exchange for money. Hedge fund managers literally move money around. Their value add is debatable.
by peonicles 10y ago
The waiter provides a service in exchange for money. Hedge fund managers literally move money around. Their value add is debatable.
- growse 10y agoThey move their investors' money around, thus providing a service to their investors, in exchange for money. I'm not sure I see the difference.