alt Hacker NewsI'm sure VPs are sweating bullets over the instructions they will receive during the part of the shareholder's call where mutual fund managers dial their members and hold the phones up to each other.
I'm sure VPs are sweating bullets over the instructions they will receive during the part of the shareholder's call where mutual fund managers dial their members and hold the phones up to each other.
I know you're trying to reduce it to absurdity, but there's still pressure to make their members happy. The fund managers are under the same competitive pressure as anyone else and are incentivized to get the best possible returns for their clients. If they don't, the members leave and take their money to another fund that is better at making money.