eta: Just ignore most of the rambling bull shite 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.
Chris Farley Maryland Fan Regulating Member since Sep 2009 3633 posts
re: Meanwhile at Bloomberg... (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.