if this system worked as alleged, why are the hedge fund managers billionaires and the janitors and firefighters hoping for a roof? just wonderinghttps://twitter.com/Reganonymous/status/1355286297351507979 …
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Like, we can definitely have a conversation about whether pension funds should invest in hedge funds! That is a good and interesting conversation! But in the world we live in, they do invest, and when HFs lose money it is bad for pensioners too.
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no no ur right...but isnt the rest of the argument technically that they should be well diversified, the hf sleeve only a sleeve, and this shouldn't materially affect yada yada
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