Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: Hawkmoon who wrote (5502)	7/2/2001 8:12:22 PM
From: TobagoJack	Read Replies (2) \| Respond to of 74559

Hi Ron, when enough (and I think there are plenty already) hedge funds get funded by the likes of Calpers and GE Capital, and Lansing Firemen Association, the profit potential of cautious hedging will decrease, forcing the managers to take non-hedged bets with larger leverage, while sipping coconut juice from Bermuda. This is inevitable, because this human nature. Intuitively, the yield realizable from fund management can only approximate the growth in the economy, in the aggregate. If some funds do better, it is that these funds focused on a sector growing faster than economy, or because of any number of special situations realized by many, sooner rather than later. This game will blowup. Chugs, Jay