- Aug 28, 2011
- Reaction score
Are the hedge funds smarter though? They’re smart because they fleece their investors by taking a 2% management fee and 20% of profits. Their investors don’t do nearly as well.I like the hedge funds. They are making tons of money by being smarter than others. Good for them. That is what America is about. All I see here is a bunch of jealous wanna be’s rooting against those that have more because they have more. Funny thing is I’m sure they all saw what was happening and hedged long as it went up.