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" "Upon joining Venture for America, we ask our fellows to adopt the following credo: My career is a choice that indicates my values. There is no courage without risk. Value creation is how I measure achievement. I will create opportunity for myself and others. I will act with integrity in all things.
Andrew Yang (born January 13, 1975) is an American entrepreneur, the founder of Venture for America (VFA), and a 2020 Democratic presidential candidate.
Biography information from Wikiquote
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If Cole successfully analyzes an opportunity for the hedge fund and it invests slightly more effectively, that will be a win for the fund’s managers and its investors. But there will very likely be an equivalent loss on the other side of the investment (whoever sold it to them makes out slightly less well for having undervalued the asset). It’s not clear what the macroeconomic benefit is, unless you either favor the hedge fund’s investors over others or have a very abstract view toward capital markets working efficiently.