So remaining investors have to ask themselves if they really want to remain in an asset class that is shrinking. (ritholtz.com)
Mr. Mercer reportedly invested $ 10 million in Breitbart several years ago, and most likely still has a stake: A company sharing an address with Renaissance Technologies, the hedge fund Mr. Mercer helps lead, remains an investor in Breitbart, according to corporate documents filed in Delaware. (nytimes.com)
Such rapid asset outflows can leave remaining investors with higher trading costs. (barrons.com)