Jim Chanos warned of risks to China's economy just as Alibaba held its record IPO.
Many hedge funds that placed orders for shares in Alibaba's initial public offering received woefully small allocations.
In Friday's Good, Bad and Ugly: The biggest IPO ever; foreign firms buy American; and a tax inversion fix.
Eugene Fama, the University of Chicago investing researcher, once again warned investors against the lure of active management.
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