Submitted by StonedPharaoh t3_11eh4d9 in wallstreetbets
Ok_Inspection_2799 t1_jadzrei wrote
Same thing as hedgefunds. They use other people's money to invest. If they were so good why not just use there own money.
StonedPharaoh OP t1_jadzwlu wrote
Hedge funds does not have positions with their own money? Its 100% users funds?
NagatoKami t1_jae81tg wrote
Up or down, they skim fees from the people who put their money in the fund. That's the whole point - a subscription. Ask yourself why there is a subscription for almost everything. Steady income and in the long run you get payed more than an actual sell.
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