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Ask Me Anything w/ Raoul Pal

Real Vision: Finance & Investing

00:00

Hedge Fund Strategy

Most people would love to start their own hedge funds get back to the glory days in macro of 15% volatility aiming for 30-40% returns. Only people like Chris Benode can do that because it's his own money. Once you're running other people's money these days you're running for insurance companies and pension plans and they want you to look like a bond. So sadly I think the industry is dead. However in the crypto industry the hedge fund strategy is alive and well and volatility is fully embraced and loved.

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