Sheesh. Blackstone, KKR, Carlyle talking about IPOs. Sounds like it's going to rain beefers. What hogs!
I suppose combined with the CNBC trading contest & the jester & college students talking about trading & Business school students talking to hedge funds, we have to wonder what type of bubble is getting set up to blow up in a year or so. My guess is a beefer-hedgie-private equity-money manager-Street-trading blow up. Together they represent the entire money management industry.
A massive shift back to indexing would kill them all.
I'm open to other ideas.