Re:The Euro falling into a recession?
by wildjim on Saturday November 26, 2011 @05:00PM
(#3280823)
I have regularly wondered how all these Hedge Funds (let alone the Banks) are doing so well without some kind-of inside information and/or some means to "generate interest or concerns" in the direction they would find the most beneficial.
[ Parent
| on HN ]
The banks and large hedge funds manage so much money that their opinions and positions actually impact the market prices.
For example, akin to the "Colbert Bump", there is a "Buffett Bump" where position prices rise as Buffett releases his positions. Over the past few weeks a bunch of firms were required to disclose some positions as part of a 13F filing.
But it's not all puffery. Check out the story of David Einhorn and Green Mountain Coffee (GMCR).