How Smart Is Smart Money?

Media savvy managers have mastered the art of touting stocks but momentum from the publicity may be short-lived.

This script is starting to get a little old.

Big-name hedge fund manager’s investment is down, or under water. The manager makes a case for his investment in the public realm, thus ensuring headlines.

Presto. His investment instantly goes in the desired direction.

To continue reading, subscribe now to Premium Journalism. Already a subscriber? login.

Related