3 ms·
I think maybe you don't know what a hedge fund is? Because your question doesn't really make any sense? Anyway, the answer is: hedge funds want to take money f
by freddie_mercury 8y ago
I think maybe you don't know what a hedge fund is? Because your question doesn't really make any sense?
Anyway, the answer is: hedge funds want to take money for 2 reasons:
1. The bigger the hedge fund, the more famous the manager is. They get to meet Presidents, talk on CNN, get invited to Davos, and other famous people perks. You get to say you "won".
2. The hedge fund charges fees based on the assets under management; the more money you take in, the more money you personally make.
- MrEfficiency 8y agothank you!