Hedge Funds

Zombies, In Your Index

by etftrends.com posted 12months ago 39 views
By Toroso Investments Late last week, a CNBC interview with Chamath Palihapitiya, CEO of Social Capital, went viral due to his statement that “zombie” companies should be allowed to go bankrupt. His argument was that the companies are owned by “hedge funds in the Hamptons,” – not Main street. The politics of this opinion are [...] The post Zombies, in Your Index appeared first on ETF Trends.

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