5 ms·

Hedge funds are not pro bono. People are still doing their jobs, and most funds are not run solely on a percentage of profit basis.

• jgalt212 8y ago
  true, but the implication is that if fees were lower then returns for investors would be better than treading water. i.e. an actual service is performed rather than a straight wealth transfer
  • a_t48 8y ago
    The investors are welcome to do that work themselves.