3min chapter

Many Happy Returns cover image

Smart Money: If you don't know who the patsy is, you're the patsy

Many Happy Returns

CHAPTER

What Is a Hedge Fund?

Marketing rules are kind of what discriminates them minimum investment amount and high risk investments. The fee structure as well is quite different so you pay two percent for the annual management fee 2 percent of the invested amount. Since 2008 it's just been a terrible time for hedge funds.

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