• Here's the real reason hedge funds give you ideas, according to Harvard

    7 days ago - By Business Insider

    Harvard Business School PhD candidate Patrick Luo analyzed 341 stocks pitches by 29 hedge funds over five years.
    His paper, published in May, shows how those stocks outperformed the market before managers pitched them.
    After the pitch, the stocks' growth tended to slow drastically as the funds sold off their stakes.
    Hedge funds love to pitch stocks to investors.
    But new research published this spring by Harvard Business School researchers has found that most of them tend to exit their positions right after pitching them to fellow investors at conferences
    "Hedge funds take advantage of the...
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