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Markus Derenthal
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Sep 18, 2026
Hedge Funds for Poor Millionaires: Diversification, Access and the Fees That Matter | Markus Derenthal
6:29
6:44
6:49
7:02
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6:23JamesHOST
Just give us a bit of an overview of the main kind of categories in this asset class.

Markus DerenthalGUEST
So like we said, there could be funds that are very equity focused, which, like we look at it, is not ideally the kind of hedge fund exposure you want.

Markus DerenthalGUEST
you actually are looking for hedge funds that do hedge, right? So you don't want this market exposure.

Markus DerenthalGUEST
So the natural progression from just a long equity fund is a long short fund, right? So what they do is they buy stocks and they sell stocks that they feel are maybe overvalued.

Markus DerenthalGUEST
So they kind of have this balancing effect that they still go long for companies they like, short the companies they don't like.
7 MINS LATER
J
13:43JamesHOST
How would a hedge fund product fit into the overall portfolio strategy of a poor millionaire? And maybe at this point, perhaps you can kind of talk a little bit about what you do at Cape May and maybe use some kind of like specific examples.