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Are you aware of how few people get rich in the hedge fund industry? It’s not much more than people getting rich in Vegas and on lottery tickets

• nwsm 6y ago
  Billions are generated for investors every year by hedge funds. Obviously there are not many Robert Mercers making money by running hedge funds, but there are countless millionaires and billionaires exacerbating their wealth through hedge funds.
  • logicslave12 6y ago
    In nyc there’s less than 10,000 investing jobs. You’re talking about a few thousand people a year
    • nwsm 6y ago
      I'm not talking about investing jobs! Investment firms invest other people's money. I'm talking about the profit those other people realize, not the profit the firm or its employees realize through fees and investment of its own capital.