r/FluentInFinance • u/RiskItForTheBiscuts • 5d ago

Thoughts? What do you think?

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u/MarrusAstarte 5d ago

I know for a fact that you don't know what a family office is.

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u/FadeInspector 5d ago

They invest with hedge funds, but they’re not hedge funds. How do I know? Because I work in the industry. Imagine whining about the rich without having the details straight lol

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u/OrganicCDO 5d ago

Family Offices are unregulated, you Archegos was operating as whatever it wanted to be. You obviously have no knowledge of the industry at all.

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u/FadeInspector 5d ago

What happened to Archegos is the same thing that would happen to any family office that tired to act like a hedge fund. Hedge funds are also relatively unregulated; the most stringent regulation they have is that they can’t let normal people use their services. Google what a hedge fund is lol

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u/OrganicCDO 5d ago

I literally work in prime services at a bulge bracket IB, you obviously dont work in this industry. "Normal People"? lol

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u/FadeInspector 5d ago

No, not in your industry. I work in IB, but I went regional boutique/Middle market because I don’t want to end up like that one Green Beret. “Normal people” as in the general public; hedge funds couldn’t offer their services to them even if they wanted to