Birdwatch Note Rating
2024-11-16 12:24:48 UTC - NOT_HELPFUL
Rated by Participant: 5996F345BCC246AEB16E11282E59C566F28680544C337D5BBB8EE4873BA9091A
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