Birdwatch Note Rating
2024-10-27 17:53:59 UTC - NOT_HELPFUL
Rated by Participant: B00B1AD50691CA4F4D8CC0925637D5F55AF66D3299E765E3AE95D9140EB67DC0
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