
Hedge Funds Are Not Magic Money Machines
Be Smart by Jared Dillian · Jared Dillian Money
September 14, 202312m 2s
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Show Notes
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.