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Samson Soturian
Wall Street Millennial
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Why The Hedge Fund Industry Is A Complete Joke" video.
3:10 Correction: A lot of people besides hedge funds were shorting GME. The whales were simply a handful of hedgies.
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A lot of people really do think active management is better than passive. Don't base your arguments about Hedge Funds assuming you already won that other argument. Also, there's 10,000 hedge funds in the US alone each with their own gimmick. This doesn't include whale investors that are individuals and companies using their money in hedge fund style strategies. Also, performance varies wildly within sectors of hedge funds, and even more wildly between individual funds. Thus it is impossible to make any blanket assessment no matter how much you like to gloat and berate people. Although you can say the fees are ridiculous and is definitely the reason for any underperformance
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The term is "uncorrelated returns." But not all hedge funds go for that.
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You ain't helping
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Most hedge fund analysts are millennials. And most of the managers are generation X and Y.
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Go away
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@MindandQiR1 you want to blame boomers in spite no logical reason to do so. Get real
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@MindandQiR1 said the spoiled brat
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