This link has been bookmarked by 11 people . It was first bookmarked on 05 Oct 2007, by Yam Chi-Keung.
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Today the crown is shared by Private Equity (PE) and Hedge Funds. When you see the PE big shots selling shares to the public, you know the PE party is nearing its riotous end. And the Hedge Fund party is getting crowded, with too many lesser talented investors dragging average returns down - to levels similar to buying an index fund (but with massively bigger fees).
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05 Oct 07
Adam Cutlerwe are at a unique moment in history when power is shifting to creative entrepreneurs.
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