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Megan McArdle: Markets, Monopolies & Innovation

"World of DaaS"

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The Hedge Funds and Private Equity - Is That a Good Idea?

Many of the smartest, most ambitious people went into hedge funds or private equity. I'm okay as a journalist, okay enough to have a pretty good job and a reasonably large following. My comparative advantage is in journalism. How many people in the hedge funds would have been better off doing science? It really could be enormous.

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