Tuesday, Oct 21, 2008
the hedge fund industry to shrink by 50 per cent in coming months
seeking alpha: What Makes Me Bearish? Hedge Fund Sales on the Horizon
If you ask me what makes me most bearish, what makes me think that the S&P 500 could go to 600, it is not the recession.
Recessions we have seen before. Highly leveraged fund liquidation by over-compensated money managers in an industry that gets paid not to take losses whose time horizon is next quarter and whose clients thought they would earn money in any market environment we have not seen before.
No, what makes me very worried and why I am not deploying capital just yet, even though the market is getting cheap, is the tsunami of hedge fund sales that may be on the horizon.
That is what worries me.
Posted by malct @ 09:56 AM (201 views) Add Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
No comments have been submitted.
Be the first person to add your comment by completing the form below.