Question: A wealthy individual has $ 1 , 0 0 0 , 0 0 0 that they would like to invest. As they know that you

A wealthy individual has $1,000,000 that they would like to invest. As they know that you took Money, Markets and Democracy, they have chosen to ask for your advice. Specifically, they want you to explain whether they are better off investing their money in a hedge fund or an S&P 500 index exchange-traded fund.

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