1. THERE'S NO MELTDOWN.
- Author
-
Biggs, Barton
- Subjects
HEDGE funds ,INVESTMENT advisors ,PORTFOLIO management (Investments) ,ECONOMIC forecasting ,INVESTORS ,INVESTMENTS - Abstract
The author discusses the 2008 financial crisis and says that in November, 2008, the crisis is nearly over. Hedge funds have seen massive losses in 2008, and billions of dollars have been withdrawn from the financial markets, but most investors who still have positions in hedge funds will be patient enough to keep their money invested, rather than selling at a loss.
- Published
- 2008