4 ms·
As someone said, they don't need to outperform. They only need to perform enough to survive and pull management fees, which are risk free for the managers.
by heisgone 2y ago
As someone said, they don't need to outperform. They only need to perform enough to survive and pull management fees, which are risk free for the managers.
- lottin 2y agoSure but the idea that the "little guy" doesn't stand a chance against the big hedge funds does seem baseless.