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> It used to be that fortunes were both made and lost on Wall Street. They still are. Hedge Funds lose money and/or go bust all the time. Firms go bust. The st
by retube 10y ago
> It used to be that fortunes were both made and lost on Wall Street.
They still are. Hedge Funds lose money and/or go bust all the time. Firms go bust. The stock market has only just recovered levels last seen over a decade ago.
> it's 3.5% or I take my money to another fund
When has any investor ever said "I want to lose money" ?
- John23832 10y ago> They still are. Hedge Funds lose money and/or go bust all the time. Firms go bust. The stock market has only just recovered levels last seen over a decade ago. I'm speaking about personal fortunes. Maybe I should have been more clear. > When has any investor ever said "I want to lose money" ? An investor losing money is different than an investor realizing that losing money is part of the game. I'm saying that high net-worth individuals won't even consider losing money as an option anymore.