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A comment on Dreams of a Red Emperor: The Relentless Rise of Xi Jinping. Parent comment

Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by whimsicalism on Friday October 23, 2020 @09:52PM (#24876273)
> They hire the best and brightest to do it.

Oh, and how do they determine the "best and brightest"?

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Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by TearsInTheRain on Monday October 26, 2020 @02:37AM (#24893365)
Just pick hedge funds who have performed in the past run by a bunch of people with top business degrees. Its a lot easier than picking a stock
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Re:Dreams of a Red Emperor: The Relentless Rise of Xi Jinping by whimsicalism on Monday October 26, 2020 @12:13PM (#24897731)
> Just pick hedge funds who have performed in the past run by a bunch of people with top business degrees. Its a lot easier than picking a stock

Nope, it's actually very hard to outperform the market just by looking at hedge fund past performance. Top business degrees do not really equal top talent, having taken a few of these "top business" classes. It's all a salesmanship game to the rich, it's not about actual returns.

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