Re:Titan launches its mobile ‘not a hedge fund’
by Bedon292 on Tuesday August 21, 2018 @03:39PM
(#17812981)
That would be awesome as an investor, but is that actually sustainable? I guess if the benchmark looses money, and they loose less they get to take a % of something? But they you are paying them for having lost money? Seems odd. I think I don't mind a minimum fixed %. Though as you say, 1% is pretty high still.
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Re:Titan launches its mobile ‘not a hedge fund’
by mmt on Tuesday August 21, 2018 @06:58PM
(#17814626)
> I guess if the benchmark looses money, and they loose less they get to take a % of something? But they you are paying them for having lost money? Seems odd.
I don't see a problem with it. This scenario, like negative interest rates, or negative electric rates [1], may be counterintuitive and seem odd, but it makes sense if you think about it.
I'd be paying them for losing less money that I would have otherwise, and "losing less" is just another way of saying "gaining more".
[1] Discussed recently on HN in the context of wind turbines in Europe, IIRC