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Paul Price: "The bad news is we've experienced a huge hit (down around 50% at the nadir) already.
Jan 06 14:11 pm
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0
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All Comments by OldLimey »Fairy Tales: Reassessing the Market Mindset [View article]
The good news is- because of that large drop, we could easily see a 50% upmove from the November lows."
I'm struggling with the causality here. What have I missed?
rp fund manager: Fund managers earn more in management fees when their assets under management rise, don't they? Guess you must be planning on having a big Christmas 09 then.