| Topic Name: |
Hedge Fund-Dot coms of the 21st Century |
| Message Name: |
What are you guys smoking? |
| Date Posted: |
01/28/2002 |
| In Reply To: |
I think that most of these hedge funds will not work out. However, I think when a hedge fund hits 100 million, they are in good shape. The ironic thing is that all these supposedly bright people are leaving good jobs to start a fund and only end up managing maybe 10 million dollars. What these people should do is get together and then pool there resources so they have more money. I think teh dot com analogy is alse, but in the end, 70% of the hedge funds started recently won't be around in 3 years because if people don't raise the money they thought they could, then the riches are just not there for them. |
| Message: |
It seems to me that you guys are still dreamers in the whole i-banking traditional mutual fund asset managemnet. come now, after 12 years of a bull market and now you are calling hedge fund growth a fad? i dont think its a coincidence that the red tape and beauracracy of big inefficient banking and asset managment firms are being exposed with the collapse of the bull. hmm.. not being able to short sell in a mutual fund? a fad?
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