Re: Would a mutual fund manager to better with $1 billion or $100 mill
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They can do more exotic things like private placements, or even file the occasional 13d.
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Anyone with $100M can do private placements if they decide to cultivate that business.
I don't understand why filing a 13d is an advantage. First, you are telling the world what you own which is a disadvantage, esp. if you are successful enough to have copy cats trying to free ride on your picks. Second, anyone can send a letter to management demanding change. If you meant that larger funds have more resources to promote company changes as activist/acquirers, that's a good point. But i'm skeptical that a single advantage that's only applicable to rare investments overcomes all the other disadvantages of size.
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