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275 - Megasode - The Greatest Hits
Maven Money Personal Finance Podcast
Investing in Assets
Hedge funds charge 2% a year plus 20% of the profits. During the boom years, it's just money for old wrote arguably. The final asset class I want to talk about is commodities and private equity. Commodities are very important for the people that are actually producing the asset. But when it comes to trading them as an investor, there is no inherent return in it. When you invest in equities, real companies selling real things to real people, the profits long term are owed to you.
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