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Hedge funds employ professional investment managers who make all of the decisions. What I am suggesting is that the shareholders make the investment decisions.
by syedkarim 14y ago
Hedge funds employ professional investment managers who make all of the decisions. What I am suggesting is that the shareholders make the investment decisions. The two things are completely different.
- gamechangr 14y agoThere would be no professional managers? How would that play out practically?
- syedkarim 14y agoOn a weekly or monthly basis (frequency determined by shareholders), the portfolio is re-allocated by votes. All discussion and research surrounding individual stocks takes place in a forum. Prior to the re-allocation day, each discussion thread (one thread per stock) posts a poll and the 30 stocks with the highest votes are put in the portfolio.