Strict Hedge Fund Rules Make the System Fragile

The transcript discusses hedge funds, focusing on fee structures like the '2 and 20' model. It highlights influential figures such as Alfred Winslow Jones, Bill Ackman, and David Tepper, and their impact on the market. The conversation also touches on the charitable contributions of hedge fund managers, emphasizing their significant yet often unspoken societal impact.

Who is credited with creating the first hedge fund and setting an example by not charging high fees?

• Steve Cohen

• Alfred Winslow Jones

• Bill Ackman

• David Tepper

What is the common fee structure referred to as '2 and 20' in the context of hedge funds?

• 2% management fee and 20% performance fee

• 20% management fee and 2% performance fee

• 2% performance fee and 20% management fee

• 20% management fee and 20% performance fee

Which of the following hedge fund managers is known for not taking new investors despite high demand?

• Dan Loeb

• David Tepper

• Steve Cohen

• Bill Ackman

What is the main argument against regulating hedge fund fees according to the free market perspective?

• It would increase competition

• It would limit investor choices

• It would stifle innovation

• It would go against free market principles

What is highlighted as a significant contribution of hedge fund managers like Tepper and Cooperman?

• Their investment strategies

• Their market predictions

• Their fee structures

• Their charitable contributions