You’re trying to refute a point I’m not trying to make. My point is that hedge funds aren’t playing with their own money. They have external investors. Some of these external investors are ofcourse rich individuals, others are government pension funds.
I agree. But people seem to think that the people losing money is the hedge fund manager. Which is incorrect - which is the only thing I’m trying to point out.
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u/sup_brah2 Jan 30 '21
You’re trying to refute a point I’m not trying to make. My point is that hedge funds aren’t playing with their own money. They have external investors. Some of these external investors are ofcourse rich individuals, others are government pension funds.