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Why would you want to work anywhere if you get returns like that every year?
Why would you want to work anywhere if you get returns like that every year?
If you've got 1m to play with, you're making ~ 1m a year pre-tax. If you work at a fund and can scale those returns up on 1Bn, you can make ~1Bn and then clipping even 1% of that is $10m.
Get those returns on big chunks of other people's money and take a cut