Best Meme Coins to Buy this Month in 2024: The Definitive List of the
Hottest Best Meme Coins
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Meme coins have captured the attention of people worldwide, emerging as an
intriguing blend of digital currency and online culture. This phenomenon
has giv...
1 hour ago
What's up with fund managers apologising on youtube?? Remember this other guy in Nov 2018?
ReplyDeleteI would say Woodford lost his touch many years ago. He tried a China fund few years ago but cannot make it.
His current troubles started many months ago when he invested in unlisted companies in his funds i.e. private equity. After getting questioned by UK financial watchdog & authorities, he tried to solve it by getting some of the PE listed on ali baba stock exchange like on Guernsey Island.
Of course investors all started to siam. Now still got GBP3.6B stuck in his suspended fund. A few town council funds still stuck inside. And NAV has dropped a lot in the meantime.
His other funds also seeing plenty of redemptions with -10% daily drops.
Somehow quite a number of star managers lost their touch. So how about retail? Can be worse. Solution? Index investing :-)
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