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 AnonymousSeveral 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