• flashgnash@lemm.ee
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    1 year ago

    I don’t think it actually matters whether they make smart decisions or not though, they put a ton of money in and regardless everyone goes along and they make a profit from it.

    They dictate the market rather than follow it

    • shottymcb@lemm.ee
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      1 year ago

      Hedge funds almost universally under-perform index funds. They don’t dictate anything, they’re just objectively bad at everything except marketing. They make their profits on fees they charge their investors.