Ryanair set for £8 flights to US

[HairyArsedBloke]

I think they'll still get plenty of takers though.

Good - it'll keep the chavs away from us.

[AtW]

They do what the rest of your list do- try to make money.
Hope that helps

Counterfeiters are also trying to make money, but their activites are detrimental to many other people who don't do it - same goes for hedge funds.

[SantaClaus]

Yes but for £24 you get three seats and can get your head down for a kip

Thats what I like. Lateral thinking

[YHB]

Counterfeiters are also trying to make money, but their activites are detrimental to many other people who don't do it - same goes for hedge funds.

Can't tar all HF's with the same brush- thats VERY naive of you.

Take AHL, this is a 'black box' program. Fully automated trading system which very, very intelligent researchers developed by complex analysis of data since stock markets began.

It sits there and trades and makes a HUGE amount of money consistently from market ineffeciencies & trends, even this years and THIS month and last month it is up.

That my friend is providing investors a valuable service- incuding to millions of people whose pension companies are investors of AHL.

[AtW]

Can't tar all HF's with the same brush- thats VERY naive of you.

Some of them might be incorrectly naming themselves as hedge funds - my take is that so long as a fund does not engage in activities such as shorting it is a fair play.

That my friend is providing investors a valuable service- incuding to millions of people whose pension companies are investors of AHL.

I have no idea who your friend is and what he does, the object of discussion here is the way hedge funds make business, which is by aggressively shorting shares that they often don't even own - this screws up real world businesses and it is not an investment of any kind, it's just making money on shafting other people, pay day loan sharks are operating a more honest necessary service than those hedge funds.

[HairyArsedBloke]

Some of them might be incorrectly naming themselves as hedge funds - my take is that so long as a fund does not engage in activities such as shorting it is a fair play.



I have no idea who your friend is and what he does, the object of discussion here is the way hedge funds make business, which is by aggressively shorting shares that they often don't even own - this screws up real world businesses and it is not an investment of any kind, it's just making money on shafting other people, pay day loan sharks are operating a more honest necessary service than those hedge funds.

Atw, please define:

1) what a hedge fund is,
2) what are bad activities?

[Francko]

Atw, please define:


2) what are bad activities?

2)

Example of:

GOOD ACTIVITIES:

• feed squirrels
• play computer games
• live in rented bedsit with other 10 asylum seekers
• winking
• State doing all business

BAD ACTIVITIES:

• people earning more money than average
• capital gains of any type
• companies not owned by state
• not feeding squirrels

[PerlOfWisdom]

Airlines carry passengers.

Auto manufacturers make cars.

Hollywood makes movies.

Janitors clean streets.

Intels of this world make processors.

Software compaines write software that help solve real life problems or just entertain.

Cadbury makes chocolate.

HP makes sauces and computers.

What do the hedge funds do?

They borrow things that people want to lend
They buy things that people want to sell
They sell things that people want to buy

[AtW]

They borrow things that people want to lend
They buy things that people want to sell
They sell things that people want to buy

1. They don't bother borrowing using naked shorting.
2. They sell shares en masse to trigger large stock falls, this is likley to hit margin calls and make drop even larger.
3. They buy back shares to satisfy IOU.

What's the economic sense of that? Does this activity bring in more investment in to IT, pharma, agroculture, car making? No. This is market manipulation that rapes long term investors and businesses, a highly undesireable activity at the time of high volatility.

Just ask yourself, if hedge funds were closed, would that stop investment into new or existing companies? No, hedge funds don't invest, they screw people over using clever financial models, this fooks up too many things now because too many hedge funds appeared - maybe 20 years ago they were not problem due to low impact on market, but now they do have way too high impact and it's all negative.

[YHB]

Some of them might be incorrectly naming themselves as hedge funds - my take is that so long as a fund does not engage in activities such as shorting it is a fair play.



I have no idea who your friend is and what he does, the object of discussion here is the way hedge funds make business, which is by aggressively shorting shares that they often don't even own - this screws up real world businesses and it is not an investment of any kind, it's just making money on shafting other people, pay day loan sharks are operating a more honest necessary service than those hedge funds.

Shorting is guessing which way shares are going to drop and is FINE. It actually is a benefit to the market (shorting revealed Northern Rocks over reliance on borrowing long before anyone else suspected). They take HUGE risk such as with VW recently and the returns to match. Arbitrage ie when two correlated shares fall out of sync and one is bought 'long' and one is 'sold' short is a science practiced by very intelligent boffins at HF's.

Shorting using vicious rumours is bad and that is not just SOME HF's but many other investors and it is not fair to hate HF's because of this. You know very little about HF's otherwise you would understand the concept of 'styles' and 'strategies' and know how diversified a portfolio HF's operate.

keep reading the tabloid papers
keep talking crap.