SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hawkmoon who wrote (106128)2/22/2008 11:52:08 AM
From: XBritRead Replies (1) of 306849
 
But for those Hedgie managers who can continue to sucessfully play the long and short game, money will likely continue to flow to them... After all, a "long only" fund manager is at a distinct disadvantage to a sharp-minded Hedge fund manager who can go long or short.

Bill Fleckenstein has addressed this a couple of times on his site. In his opinion (and I assume he has the research to back it), the vast majority of hedgies are long-only, with a large proportion being basically momo chasers who have ridden the bull upwards using leverage. I think Fleck is a pretty reliable source on something like this, since he's right in the middle of it.

So the unwinding of leverage from long-biased hedgies really is likely to be a powerful downward force now and going forward.

Edit: I see Dale W posted the same thought.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News