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Comments by "Fox" (@tomlxyz) on "How a Communist Built The World's First Hedge Fund" video.
@ADobbin1 The point of a hedge fund is having above market returns. An index fund is just market returns
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In theory things like hedge funds can be very reasonable if you are very rich. There are plenty of cases where someone has an actual strategyy/product that will make a lot of money. Those people wont bother with many small investors and instead go to one/few big investors. (That in turn is also why whenever someone claims they have a winning strategy while selling it to the masses that they're is full of crap)
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