> Why would a buyer want to take that fund off your hands? Why do they think the fund will generate good returns and you sold it to them at a good price? What i

> Why would a buyer want to take that fund off your hands? Why do they think the fund will generate good returns and you sold it to them at a good price? What is guaranteeing/backing the fund? With the hopes of selling it off to the next guy for more. There's nothing backing crypto either. These are rational hopes, because a lot of people played that game of hot potato and got rich. And in the end, the government bought all of that trash at par and nobody went to jail. I worked in auction-rate municipal bonds when the (first and last) auction failed. People thought they were going to jail. They knew they had been selling garbage. And to little towns for their teacher's retirement funds at that.