Long-term investors are taking on the hedge funds over short-term vision

Discussion in 'Market News' started by Lily, Feb 4, 2016.

  1. Lily

    Lily Forum Member

    Aug 29, 2015
    Likes Received:
    The alliance between old and new Wall Street is crumbling, and a civil war is about to ignite, it seems. Both claim to be fighting for the interests of us investors

    Imagine, for a minute, the following scenario. A fleet of shining chauffeured limousines pulls up. One by one, some of the Wall Street’s richest and most powerful folks slide out of the back seats and, glancing around them to ensure they aren’t being observed, quickly enter a mansion to attend a secret meeting.

    It may sound like a scene from a movie, and eerily like the events from the 1957 high-level mafia get-together at a sleepy upstate New York hamlet that finally confirmed the existence of organized crime.

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