What's the Difference Between a Management Fee and a Stock Option?

Most of these people are just getting paid salary, but then yes, there's some carried interest. And this is your interest in all the investments that are being made. You sign up on a per fund basis. So you're constantly having to prove your worth because if you don't do well, you don't, you're not guaranteed to carry on the next bond or the next bond to the next bond.

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