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Category Archives: Uncategorized
Fidelity vs. the S&P 500
Wall Street is a selling machine, and investors are constantly hearing about spectacular gains from this or that fund or money manager or investment vehicle. Even if these reports are true, they may not be sustainable, may entail excessive risk, … Continue reading
Professor Krugman gets a “Gentleman’s C” in Economic History
In a recent blog post Professor Paul Krugman argues that private equity and other activist investors did little to improve the U.S. economy, which was performing well before Bain et al. came along in the early 1980s. He writes: Let’s … Continue reading