Tony Talks Business
How Hedge Funds Actually Make Money (It's Not Investing)
There's a hedge fund that has averaged a 66% return every year for more than 30 years, enough to turn $1,000 into roughly $20 million. It won't take your money. Years ago it fired every outside investor and locked the doors from the inside, and the reason exposes the strangest truth in all of finance.
This is how hedge funds make money.
Chapters
- 0:00Intro
- 1:03The $5 trillion industry nobody can explain
- 1:41The sociologist who accidentally invented hedge funds
- 3:012 and 20: the fee that built an empire
- 4:05Heads I win, tails you lose
- 5:25What hedge funds actually do all day
- 6:37Carl Icahn and the warship Argentina couldn't get back
- 8:22Borrowed money and the LTCM collapse
- 9:32The greatest trade ever (and the one that broke the record)
- 10:45Inside the pod shops
- 12:10Buffett's $1 million bet against the industry
- 13:12So why does $5 trillion keep showing up?
- 14:40The manager's real endgame
- 15:42The fund that fired its own investors
- 17:19So that's how hedge funds make money
- 17:56Like, subscribe, what's next
