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If I can consistently make more than 10% on your money, I'll take the other side.

If you can consistently make more than 10% you don’t need to hamstring yourself with this terrible deal, you can just get investment on typical terms.

If I can consistently make 30%, this terrible deal will make me 20%, whereas the typical terms of management fees will make me 5%.

If you can consistently make 30%, a bank loan will make you 24%.

Fair point. I don't know why BlackRock did it, then.

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