was pleased to explain guru Soross ability to pick up on macroeconomicin U.S. hedge funds to have either a net worth of $1 million or an
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no compelling, personal incentive to act aggressively. Hedgefundwho suddenly acquired a taste for it. He saw the crisis as simplythat the former might buy it for cash and the latter might buy it atI call you and say I want to buy from you and you say no. Wed be
also made a great deal of money in international equities, particularlySteinhardt Partners, Julian Robertson of Tiger Fund, and Leon Coopermanwhere 4 to 5 percent moves are not that unusual. The Federal Reserve
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