Re: Where\'s the money? Tech, gambling, and oil
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ah,
Interesting to look at how much personal wealth gets created by finance guys vs. tech guys. I too am not sure how that goes longer term.
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Good HF managers are not going to be poor anytime soon. PE is more dependent on public markets being receptive to IPOs and easy credit, a good long-short mgr can obviously do well for years in a bear market. Tougher for PE/VC to achieve that.
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yes but will they always be able to command such huge compensation?
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