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Both of you guys are missing something. Investing advice that is ingested by the public from professional investors is the advice that applies to managing billi
by logicslave 6y ago
Both of you guys are missing something. Investing advice that is ingested by the public from professional investors is the advice that applies to managing billions of dollars of capital. Its an insane situation that the public listens to people whos objectives, risk tolerances, benchmarks, and professional goals are completely different.
Active investors, who are professionals, that manage less than 50 million see extremely high returns. When you get into the billions, you cannot make the same trades, and your clients DO NOT want you to loose their money. It is more so about simple wealth preservation.
I could go on and on. But I'm busy.
Source is I used to work at a hedge fund
- ryandrake 6y agoSo, basically, the usual answer from active investor proponents: There's a secret system! I can produce outsized returns, trust me, it's possible! I'm just don't have time to tell you what it is, but pinky swear there's totally a way!