Category: Funds
10 Rules For Dealing With The Sharks On Wall Street
If you wondered why the biggest financial firms are fighting tooth and nail to avoid having to maintain a “fiduciary standard,” just look at the fees and expenses in deals like this. There is always big money in the ongoing attempts to turn lead into gold.
Why Investors Should Avoid Hedge-Funds
Reading a book, it’s often very hard to judge just how reliable the author is, or how cherry-picked the data might be. But if a high-profile hedge-fund industry association spends months putting forward a point-by-point rebuttal, and that rebuttal is utterly underwhelming, then at that point you have to believe that the book has pretty much got things right.
The Bond Market Discovers A New Leading Man
Mr. El-Erian counters that Pimco’s culture rewards people who challenge conventional wisdom.