Birdwatch Note Rating
2024-09-27 16:00:50 UTC - HELPFUL
Rated by Participant: 848914C371B4052CF19426A1A8C352650510410D7018A08AF3E85F5EACB89AA6
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