
15- The Reason Mutual Funds Aren't Mutual
InvestED: The Rule #1 Investing Podcast
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Hedge Fund Managers - Is That Really the SEC Regulation?
Hedge fund managers are incentivized to take a lot of risk in order to gain large profits. There's no real downside to taking that risk with somebody else's money and then losing it all, they just go off and maybe start a different hedge fund. The SEC likes to shut the barn door after the horse's life.
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