Monday, September 29, 2008

Hedge Invest, Invest in Hedge

I'm about to invest in a hedge trimmer!

Can someone possibly explain (better than wikipedia) the difference between an investment bank and a hedge fund. Don't they both buy stocks and hope those stocks, you know, go up in value?
Posted by Nykils at 10:23 AM

3 comments:

  1. Ken OstrovskySeptember 29, 2008 at 11:03 AM

    They both do the same thing. The difference is in how they do it. Since the hedge funds are not accountable to anyone they can supposedly achieve better returns without those pesky shareholders and regulators to rain on the parade.

    Although i am not sure if there are any more investment banks left in the US. Goldman and Morgan have turned commercial just to suckle on that federal tit.

    ReplyDelete
  2. NykilsSeptember 29, 2008 at 1:46 PM

    Thank you very much.

    I know that tit well, I suckled it so I could go to college. Sour milk.

    ReplyDelete
  3. Tony WaltersSeptember 29, 2008 at 2:00 PM

    News flash: The tit has just been tucked away! And the DJIA has wilted as a result.

    ReplyDelete

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