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> Obvious downside was very self selective almost exclusively male club that had to exclude talent that could not adjust Why is that a downside? I mean, you sa
by tomp 10y ago
> Obvious downside was very self selective almost exclusively male club that had to exclude talent that could not adjust
Why is that a downside? I mean, you say that they were very successful... Maybe the people they excluded wouldn't be as successful?
- TheOtherHobbes 10y agoFor that particular circular definition of "successful." If you follow the naive but socially sanctioned view that making money = success, or "getting what you want from life" = success, then hedge funds can look like very successful places. If you have a more independent view - the kind of view that someone like Dalio, for all his alleged openness, is likely incapable of understanding - then hedge funds aren't going to be the right place for you.