Episode #131 - Chris Sullivan and Why Trading Isn't Wealth Creation
Gold Goats 'n Guns Podcast
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The Nuance of Hedge Funds
Hedge funds pay short term capital gains tax if they win. If they lose, the government takes it as a K one loss against their income. "That is literally the main business reason of why hedge funds exist," he says. The fund accepts digital assets for allocations to its clients.
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