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This is a hilariously uninformed take - it's clear you don't understand how this works so I will just be direct and not make fun of you. The hedge fund manager
by Gwarzo 5y ago
This is a hilariously uninformed take - it's clear you don't understand how this works so I will just be direct and not make fun of you.
The hedge fund manager has access to billions in managed capital. If he can advertise positions to the public, and the public takes his advice; he can manipulate his billions of dollars vs the known positions he gives out to hedge his own positions.
This is a 5 years olds description of how this works.
- giarc 5y agoI was referring more to "giving public" advice like advice to his friends. But I'll accept I'm wrong on this though.