Hedge Fund, the Common Man, & Trump

In one of his recent attacks against Hillary Clinton, Donald J. Trump accused the former Secretary of State as using the State Department like her own personal hedge fund. Even when he first said it, the use of the term ‘hedge fund’ struck me as odd. Most of us, by us I mean laypeople, the common man as it were, would have simply said, she used the State Department like her own personal piggy bank. It’s simple. It’s understandable. It’s relate able. How many of us laypeople are familiar with a hedge fund. I venture not many. Mainly because many of us have no idea what a hedge fund is. I mean I’ve heard the term before. I just didn’t know what exactly a hedge fund was. So I googled it.

Here’s how Wikipedia describes a hedge fund: a hedge fund is an investment fund that pools capital from a limited number of accredited individual or institutional investors and invests in a variety of assets, often with complex portfolio construction and risk management techniques. Yeah, I know right. But that’s okay. I mean I don’t profess to know a lot about the workings of Wall Street and investments. No big woo, right? But this next thing Wikipedia said about hedge funds I found interesting especially in relation to the suddenly man of the people, Donald J. Trump. Wikipedia says that hedge funds are made available only to certain accredited investors and cannot be offered or sold to the general public. So you see, that’s why most of us, us as in the general public, have no idea what hedge funds are. Sure, we’ve heard the term. But since we don’t have access to them, or have them in our every day life, we’re kind of fuzzy on what they actually are. Which was why I was surprised that our man of the people, Donald J. Trump would use the term in trying to paint Hillary as an elitist.

Here’s a little advice Donald, old boy, when trying to cast your opponent as an elitist, don’t use elitist like words and phrases which could serve to remind people of your own elitism, as well as confuse the hell out of us common folk. Next time, just say that Hillary was treating the State Department like her own personal piggy bank. It’s simple. It’s snappy. It’s makes a hell of a lot more sense to most us, especially since many of us have piggy banks and according to Wikipedia, none of us have hedge funds.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s