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Two of the biggest and most successful hedge fund players tank badly,
but there will be no lasting repercussions? I believe that the problems
indicate something deeper is going on which will have lasting
repercussions on the markets. Anyone noticed that some very large
investors (Wynn, Perlman, etc.) seem to be selling off major assets? A
further thought - last time the markets got this extended, Buffet closed
his funds, send the money to his fund holders, and exited the markets.
Now Buffet is hanging onto some big losses and a silver position which
has got to be deeply under water.
Earl
----- Original Message -----
From: "Ira Tunik" <ist@xxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, May 01, 2000 8:50 AM
Subject: [RT] (no subject)
> Jones, the hedge fund advisor, said she didn't
> think the problems of Tiger and Soros would
> have lasting repercussions on the industry.
>
> Most hedge funds have less than $1 billion in
> assets, she said, and don't face the same
> challenges.
>
>
>
>
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