Evidence receipt / belief
Published · transcript-backedDavid Rosenthal: belief
18 Mar 2024 Acquired Renaissance Technologies
“Why do they charge themselves 44% carry and 5% management fees? I think Jim talks about this that, oh, I pay the fees just like everybody else.”
Source trail
Everything needed to verify it.
- Speaker
- David Rosenthal
- Attribution
- Verified speaker
- Claim type
- belief
- Recorded
- 18 Mar 2024
- Publisher
- Acquired
- Episode
- Renaissance Technologies
Transcript context
…They’ve already kicked out most of the LPs, if not all, so why are they raising the carry? It’s all themselves, it’s all insiders. Why do they charge themselves 44% carry and 5% management fees? I think Jim talks about this that, oh, I pay the fees just like everybody else. It’s always a funny argument. Who are you paying the fees to?…
Stored transcript either side of the excerpt. The highlighted words are the published quote; the surrounding text is unedited source, never generated.