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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
by logicslave 6y ago
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. Commonly over 100%. 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.
Raising capital to start your own fund is extremely difficult, expensive, has extensive legal bookkeeping, and requires an immaculate pedigree. I work for FAANG and aggressively invest my money, will be retired before 40.
Source is I used to work at a hedge fund
- Jommi 6y agoSo what advice should we listen to?
- someguydave 6y agoCan you point to one example of an active investor who earns more that 100% per year over say 5 years?
- deleted 6y ago[deleted]