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Amazon, BABA Burn Hedge Funds Amid Record ‘VIP’ Lag
It's been a rough stretch for hedge funds' most popular positions.
If you're inexplicably inclined to help someone else buy fine art and bespoke Bentleys in exchange for putting your money into tech stocks, you may be feeling at least at little bit aggrieved.
Bloomberg obliquely picked on Amazon this week, as though it's their fault that hedge funds are predisposed to a herd mentality in a world where beating benchmarks is exceptionally difficult thanks to low-cost indexing and a Fed determine
I have been of the opinion that Chinese shares have been uninvestable for a long time, as I am not a high ranking official of the Communist Party. One has to wonder about what on earth possesed hedge fund managers!