Term of the Day

incentive fee

Fee paid as an incentive to the general partner of a hedge fund or, less frequently, the manager of a mutual fund, the amount of which depends on his/her performance, usually relat ... Read more

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Tip of the Day

Coca-Cola and Competition

by Anonymous

Several times every year, a weighty and serious investor looks long and with profound respect at Coca-Cola's record, but comes regretfully to the conclusion that he is looking too ...Read more

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