Birdwatch Note Rating
2025-01-05 20:57:56 UTC - HELPFUL
Rated by Participant: 23304D54AC5BE3870F0E37C857FAA7642ECE6168E117DAD780047ECDBA1BC4BD
Participant Details
Original Note:
Regardless of whether or not this was bribery or anything else nefarious, a typical investment or hedge fund would charge 1-2% of the AUM annually as a management fee, and 15-20% of the profit. It’s not unusual for these firms to not realize profits for a number of years. https://www.investopedia.com/terms/t/two_and_twenty.asp
All Note Details