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Posted on: Feb. 1, 2018, 3:51 p.m.
Hedge fund traders are generally nice people. Long only traders are not. : During my years in equity sales I’ve covered both hedge fund traders and long only traders. Given the choice, I would always choose the former. When you’re a salesman in an investment bank, having clients working for long-only funds has a few advantages. Long only traders are usually big commission payers. And while hedge funds come and go, the long only clients are pretty stable. Full investment news article