Birdwatch Note Rating
2024-09-27 08:28:37 UTC - HELPFUL
Rated by Participant: 96FBC85C1AE6E671FBFB3C4659CA296167D11F3FD92B63F7ABD14DC2469F024F
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