Now in 2017 it is perhaps the case that the dying mainstream media, and the emerging social media based giants are perhaps around level pegging in terms of influence. The former on the way down is meeting the latter on the way up. This is even though the newbies won in 2016, with Brexit and Trump.
Short call: Wall Street trader Eric Yip is betting shopping malls will collapse
Eric Yip spent his childhood working in his parents’ store at a shopping mall in a small New Jersey town. The family sold homewares and T-shirts from the Burlington Center.
In the early 1980s, the 103,000 sq ft retail complex had more than 100 stores and was the heart of the community, credited with creating a development boom in the town.
Today, though, just a handful of shops remain and it is virtually silent.
For many investors, hedge funds appear to be shrouded in mystery.
There’s a practical reason for this. The best hedge funds are extremely careful about protecting their ideas and tactics, because they provide an important competitive advantage for making profits.