Archive for 'Stakeholders'

Anonymous Money Manager

Ms. Ravitch:

I manage money and I’m black.   I am distressed by the barrage of mail I’ve been getting from fellow money managers who somehow think there is a fairly easy solution to educating the “underclass” by using charter schools.  I’d like to share with you a few points from my experience which may help you contextualize my concern.

  1. Hedge fund managers typically don’t add value to society.
  2. Hedge fund managers often have very little practical real world experience.   Many have not worked ...
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