hedge fund “Idea Dinner” with 2 million guests
Many hedge-fund managers freely share investment ideas with one another—a practice that might seem at odds with their aspirations to post higher returns than competitors. Fund managers, traders and hedge-fund chiefs exchange ideas through instant messages, emails and private chats. Sharing ideas can reap financial benefits. When multiple hedge funds jump into the same stock, that tends to push the share price higher—a...
source https://thereformedbroker.com/2021/01/27/hedge-fund-idea-dinner-with-2-million-guests/
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source https://thereformedbroker.com/2021/01/27/hedge-fund-idea-dinner-with-2-million-guests/
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