What does the term 'self-fulfilling prophecy' refer to in the context of investor confidence?
GAM Holding Shares Drop 31% After Forecasting Record Loss
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Business, Social Studies
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University
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Hard
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The video discusses the financial troubles of GAM, highlighting a significant market reaction to their billion-dollar loss and the challenges faced by their new CEO. It explores the broader trends in the hedge fund industry, particularly the impact of market volatility on performance. Despite increased volatility, hedge funds have struggled to capitalize on it, raising concerns about their future strategies and investor confidence.
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3 mins • 1 pt
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What factors contributed to the difficulties hedge funds faced this year?
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