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I agree with your main point, but it sounds like you're conflating hedge funds and banks.
by auntienomen 12y ago
I agree with your main point, but it sounds like you're conflating hedge funds and banks.
- tptacek 12y agoBanks and hedge funds are both examples of buy-side firms. Confusing things further: the big investment banks all run operations that are morally equivalent to hedge funds.
- kasey_junk 12y agoActually, some of the prop groups within big investment banks can be on the sell-side as well. They never use that as an unfair advantage though...