2016 Postmortem
Related: About this forumBad actors like hedge funds?????????????
Her daughter worked for a hedge fund. Isn't she married to a hedge fund manager now?
hill2016
(1,772 posts)Do you even know what hedge funds do?
snagglepuss
(12,704 posts)to invest in a hedge fund. They exist simply to make the rich richer.
for certain structures there are a limit to the number of investors who can invest in the fund so a manager won't want a client who is just going to invest $100k. Most minimums I see are $1m or $5m.
Also the client needs to be a qualified investor which has certain other restrictions on assets and investment experience.
Avalux
(35,015 posts)hill2016
(1,772 posts)this part isn't even true anymore: "they exist simply to make the rich richer".
Guess who are the main investors in hedge fund these days: pension funds and foundations.
Hell Hath No Fury
(16,327 posts)makes it evil:
hedge fund
noun
noun: hedge fund; plural noun: hedge funds
a limited partnership of investors that uses high risk methods, such as investing with borrowed money, in hopes of realizing large capital gains.
hill2016
(1,772 posts)tell me, have you ever taken out a mortgage on a house?
That's (1) high risk (concentrated investment) (2) investing with borrowed money (3) hoping to get large capital gains.
senz
(11,945 posts)hill2016
(1,772 posts)what makes hedge funds so evil?
Response to hill2016 (Reply #12)
senz This message was self-deleted by its author.
senz
(11,945 posts)They played a part in the crash of 2008 that HURT millions of good, hardworking Americans -- REAL people who matter.
Hell Hath No Fury
(16,327 posts)going, "Oh really?"
berningman
(144 posts)Thanksgiving dinner at the Clinton house.