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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Stitch who wrote (6206)	9/7/1998 1:35:00 AM
From: Dayuhan	Read Replies (1) \| Respond to of 9980

Stitch, <<Typhoons are acts of nature...hedge funds are acts of free markets.>> This is true. It is also why there is no functioning market on earth that is truly free. The US market works as well as it does because it has public and private regulators defining the point at which freedom becomes abuse. If we want world markets to work as well, similar regulations will have to be developed and enforced. What they will be, and how they will be enforced, will have to come from people far brighter than I. The difference between a hedge fund and a typhoon is that control of a hedge fund is possible. Steve