New Clues About How Hedge Funds Make So Much Money
by Peter Cohan on Nov.21, 2010, under Towing
We all wonder why Wall Street pros make so much more money than everyone else. But investment bankers are pikers compared to hedge fund managers, who make their money by taking a small cut of the assets they attract as well as a larger slice of the profits they earn in a given year. The higher their profits, the more money they make. That gives them a huge incentive to take risks and — in some…
Continue reading New Clues About How Hedge Funds Make So Much Money
New Clues About How Hedge Funds Make So Much Money originally appeared on DailyFinance on Sun, 21 Nov 2010 15:00:00.
Filed Under: Investing, Health Care, Goldman Sachs , Merck, Schering-Plough, Streetwise



