Birdwatch Note Rating
2024-09-27 07:47:57 UTC - NOT_HELPFUL
Rated by Participant: 7117C507363683BA1ED9DD6B5872A7518CF19ED48C50D28E71B2D97E4FFE6D14
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