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bko
on April 9, 2015
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NYC Pension Earns $40M Over 10 Years, Pays Fund Ma...
I would also add a condition that the person running the hedge fund has a large portion of his own personal wealth tied up in the fund. Skin in the game is probably the best kind risk management.
eru
on April 9, 2015
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Not necessarily. People are often overly optimistic.
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