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comment by kleinbl00
kleinbl00  ·  2927 days ago  ·  link  ·    ·  parent  ·  post: The Hedge Fund Killing Field

    but the downside is that while the hedge fund guys lose their 2/20, the investors get buttfucked.

Oh, trust me I know. This was written by a friend's husband. (actually, I may post that)

I think a lot of the smart money has already pulled in. Pulled into where, that's the problem- real estate is overvalued. Venture capital is overvalued. Bonds are near zero. It's kind of what you'd expect when a man who spent his career studying the depression was willing to drop money out of helicopters to prevent a liquidity trap.

And I think that we have no more helicopters to fly.