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A comment on Where you can and cannot thrive on BS. Parent comment

Re:Where you can and cannot thrive on BS by seanhunter on Wednesday January 11, 2023 @03:17AM (#34336296)
> What keeps you from investing half your clients making bets in one direction, and the other half making bets in the opposite?

The fact that would most likely be fraud and a breach of fiduciary duty for one thing[1].

[1] See for example https://gowlingwlg.com/en/insights-resources/articles/2015/i... The example they cite is from a closed-end fund but the same principle would apply to a hedge fund

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Re:Where you can and cannot thrive on BS by 082349872349872 on Wednesday January 11, 2023 @03:52AM (#34336482)
TIL; it's a relief to know that doesn't work (or at least would be actionable) in TradFi.
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