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re: Meanwhile at Bloomberg...
Posted on 7/11/13 at 3:13 pm to wegotdatwood
Posted on 7/11/13 at 3:13 pm to wegotdatwood
quote:
What's that saying?
that "hedge funds are for suckers"
eta: Just ignore most of the rambling bullshite leading up to the charts since it's irrelevant. Just skimming through the rest, though, I don't find the article very insightful or original. The reasoning is a little academic and has been covered ad nauseum by guys like Ellis. I think they just wanted to make that picture.
This post was edited on 7/11/13 at 3:33 pm
1
Posted on 7/11/13 at 8:16 pm to acgeaux129
It's almost impressive how this article can come from Bloomberg and still be so out of touch with the HF industry. For every fund shutting down right now(which aren't many) there's probably 3 more popping up and the vast majority of funds that I work with have been doing VERY well this year. It's booming just like it was 5-10 years ago.
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