yes, the fund manager's job is more about position adjustment, which is the daily work of the fund manager.

for the management of fund-raising, it is difficult and impractical to judge the market position. High throwing and low sucking is not a reproducible profit model. The judgment is correct this time, but it may not be correct next time. The most important thing for fundraising funds is to make a judgment on the company's value and get an accurate value range through financial analysis.

Endowment funds are held by registered organizations and used for certain non-profit purposes. They are financed by donations from one or more sponsors, and are usually managed by educational, cultural and charitable institutions, as well as those specially established to achieve the special purpose of the fund.