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   Investment Thoughts - Quotes on the Fly

Hedge funds crowding into the same trades
Quote

 

"Today 49% of hedge fund assets are controlled by the top 3% of the largest institutions. If everyone is chasing the same investments a lot of that “alpha” begins to look like “beta” with leverage or liquidity premium."

 

Artemis Capital Management, October 4th, 2012-Christopher Cole

04.10.2012