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It's great publicity for their fund which is super important, because the goal of a hedge fund manager is not to make the portfolio go up, it's to convince thei
by n2d4 3y ago
It's great publicity for their fund which is super important, because the goal of a hedge fund manager is not to make the portfolio go up, it's to convince their clients that the portfolio will go up.
- bombcar 3y agoAnd if you have a hedge fund and aren’t willing to make the bet, your clients are gonna ask wtf.