On the Road to Recap:
abovethecrowd.com
APRIL 20, 2016
Many have noted that the aggregate shareholder value created by all of the Unicorns will vastly overshadow the losses from the inevitable failed unicorns. These mutual funds “mark-to-market” every day, and fund managers are compensated periodically on this performance. Late 2015 also brought the arrival of “mutual fund markdowns.”
40 
Let's personalize your content