gunDriller
4th December 2013, 01:46 PM
"Another Hedge Fund Legend Returns Cash To Investors Due To "Lack Of Investment Opportunities" "
http://www.zerohedge.com/news/2013-12-04/another-titan-legend-returns-cash-investors-due-lack-investment-opportunities
"No surprise then that Institutional Investors' Alpha reports that Baupost's Seth Klarman is returning $4 billion in capital to investors for only the second time in its history due to "a lack of investment opportunities." "
I wonder if this is a "Canary in the Coal Mine" type of thing.
Klarman doesn't want to be holding clients' money when the Stock market crashes ? -
and too stupid (or something) to buy Precious Metals. Even $1 Billion flowing into Silver right now would move the market to the upside - A LOT.
When one hedge fund manager closes down, it doesn't necessarily mean anything. Maybe he just wants to go skiing and feels he has enough money.
On the other hand ...
http://www.zerohedge.com/news/2013-12-04/another-titan-legend-returns-cash-investors-due-lack-investment-opportunities
"No surprise then that Institutional Investors' Alpha reports that Baupost's Seth Klarman is returning $4 billion in capital to investors for only the second time in its history due to "a lack of investment opportunities." "
I wonder if this is a "Canary in the Coal Mine" type of thing.
Klarman doesn't want to be holding clients' money when the Stock market crashes ? -
and too stupid (or something) to buy Precious Metals. Even $1 Billion flowing into Silver right now would move the market to the upside - A LOT.
When one hedge fund manager closes down, it doesn't necessarily mean anything. Maybe he just wants to go skiing and feels he has enough money.
On the other hand ...