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QOTD: The Hedge Fund Mini-Crisis

“We used to rely on the public making dumb investing decisions…but with the advent of the public leaving the market, it’s just hedge funds trading against hedge funds.”

If I Were a Broker, Here's How I'd Sell Facebook

The net result of this would be a few million bucks “new money” raised, the selling concession on the Facebook shares (figure 5% of however much I was given to book) and a slew of new clients opened based on the bait-and-switch pitch my junior broker closed them with.