It could happen!
@redyellowblackdog (10629)
United States
October 10, 2007 3:50pm CST
Could the mansion dwelling,luxury car driving, champaign sipping, multi-millionaire stock market whiz kids have their life's hard knocks lesson on the way?
It could happen. Read about it here.
http://www.ft.com/cms/s/0/bbc9f120-7538-11dc-892d-0000779fd2ac,dwp_uuid=cc9f419c-4bb1-11da-997b-0000779e2340.html?nclick_check=1
Yes, those exclusive high dollar expensive high yielding hedge funds run by economic geniuses are being predicted to have run their course. They may actually lose assets and money in the coming 12 months.
Well, it is about time. It is a fact that they all can't continue to have above average returns. This is against the obvious laws of economics!
My take on it is that this will be good for the rest of ordinary folks. Catch what the article says about commodity prices?
What's your opinion or reaction?
3 people like this
1 response
@theprogamer (10532)
• United States
13 Oct 07
I'll have to follow this. The loss of that much money, assets and value certainly cant happen without repercussions. It'll be an interesting site and maybe there could be more opportunity for the average person to make something out of the aftermath.
2 people like this
@redyellowblackdog (10629)
• United States
14 Oct 07
My take on it, too. I've put the linked site in my favorites.
Keep on eye out for news like this we all might use and post it here. We might create ourselves an investment club without dues. Not a bad idea, eh?
1 person likes this
