5th bullet point from the top on the page given below:
http://www.zerohedge.com/news/2017-…-here-are-troubling-questions-posed-jim-grant
Why not pick stocks to go long and short in a hedge fund? What’s with all those ETFs that simply hold baskets of stocks? It’s bizarre. Are there some sort of rebates Bridgewater is getting for buying these?
Anybody know what’s going on?