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The world would be shocked to know how many hedge funds and mutual funds are managed in excel workbooks. I worked with one RIA who (correctly, IMO) listed "exce
by elliekelly 6y ago
The world would be shocked to know how many hedge funds and mutual funds are managed in excel workbooks. I worked with one RIA who (correctly, IMO) listed "excel" as a systemic risk to their business. If excel ceased to exist tomorrow they (and much of Wall Street) would be in a world of trouble.