Lex Fridman Podcast
#441 – Cenk Uygur: Trump vs Harris, Progressive Politics, Communism & Capitalism
Cenk Uygur
And then mainstream media goes, oh, you sound conspiratorial. Yeah, I wonder how. Yeah, super easy to explain it. Here's one of dozens of examples, carried interest loophole. So that is for hedge funds, private equity, the top people on Wall Street, that's part of their income. They get two and 20, right? So 2% is a flat fee, no matter what happens to the fund.
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