4 ms·
They are doing it because yields are good, and as a fund manager you are rewarded quarterly/yearly for good returns. If it blows up after a 5 year run, you’ve
by anonuser123456 4y ago
They are doing it because yields are good, and as a fund manager you are rewarded quarterly/yearly for good returns. If it blows up after a 5 year run, you’ve had 4.5 solid years of bonuses and walk away claiming ‘no one could have foreseen the <eminently foreseeable event>’