Birdwatch Note Rating
2024-10-08 12:36:15 UTC - NOT_HELPFUL
Rated by Participant: 87C175DCB6FC51A60628AC0A22D85F543004F9339C387621124B1BD50A32D1E7
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