What goes on in the opaque 🌎 of hedge funds? What strategies do they use? How much do they charge? What kind of returns can they generate?
Senior writer at @HFAlert, @PradoRoberts & @AshBennington take us into the secret world of hedge funds.
1st up - What's 2 & 20? 👇
Every fund manager in the world will have to have #Bitcoin in their portfolio over the coming years whether they believe in it or not as it’s an uncorrelated asset. The questions is who will buy it cheapest before all the others?
I said from day one that the #PPP would be rife with fraud. None of the 600 asset management firms that got "loans" needed the money. They got paid to retain workers they had no intention of firing. I could have taken the free money myself, but didn't want to lie to obtain it.
In a first among prime brokers, Goldman Sachs will roll out a database of GS-primed hedge funds, called Marquee Connect. Similar to HFR, Eurekahege, etc. Other banks are sure to follow #hedgefunds#goldmansachs#marketing https://t.co/yTaDVKCVot
From home quarantine, my high school junior is writing about the black death and The Canterbury Tales; I have a seventh-grader writing about the use of masks in Venice during the plague. Coincidence? #coronavirus
Actively managed #crypto#hedgefunds killed the huge #bitcoin run from June 13 to Oct 17 — cumulative 10.8k% return of @Eurekahedge crypto HF index vs 6.5k% bitcoin spike. 9 fund constituents
Bitcoin is rising faster than any asset class we have seen over the last 400 years. $BTC
The sharp bull markets including Tech Bubble of the last 90s, US stocks of 1920s, Oil in early 2000s and even the famous South Sea Bubble... do not even come close to the rise in Bitcoin.