EPISODE · Sep 14, 2023 · 12 MIN
Hedge Funds Are Not Magic Money Machines
from Be Smart by Jared Dillian
What is a hedge fund? In today's episode of the Be Smart podcast, Jared discusses the ins and outs of hedge funds (including the different types), why they are not magic money machines despite rich people's inclination to invest in them, and the distinction between absolute returns and relative returns.
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