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I have regularly wondered how all these Hedge Funds (let alone the Banks) are doing so well without some kind-of inside information and/or some means to "genera
by wildjim 15y ago
I have regularly wondered how all these Hedge Funds (let alone the Banks) are doing so well without some kind-of inside information and/or some means to "generate interest or concerns" in the direction they would find the most beneficial.
- veyron 15y agoThe banks and large hedge funds manage so much money that their opinions and positions actually impact the market prices. For example, akin to the "Colbert Bump", there is a "Buffett Bump" where position prices rise as Buffett releases his positions. Over the past few weeks a bunch of firms were required to disclose some positions as part of a 13F filing. But it's not all puffery. Check out the story of David Einhorn and Green Mountain Coffee (GMCR).