Fed Delivers $98 Billion to "Investors" In 2014
Earnings from the world’s largest hedge fund are in, and hang on. This is not a joke. The amount delivered to one investor in 2014 was $98.7 billion. In fact, this was the highest profit margin for the fund in its history – in which it has generated profits in each year since 2005, even delivering $31.7 billion in profits in 2008.
That is not a typo. While most hedge funds are not even close to $98 billion in total assets under management, one Goliath hedge . . .
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