The Status Quo
I am passing up the opportunity to write about hedge funds this week because, frankly, there isn’t anything to say. Performance has been poor; investors are complaining, rightfully; the press is balking at manager acumen; so, what is new? The answer: Nothing. Things in the industry are status quo. Big funds are getting bigger, regardless […]
Who doesn’t hate hedge funds?
As summer draws to a close, the kids are back in school, the U.S. Open is over, the NFL playing for real (with TWO Monday night games) and anti-hedge fund rhetoric is everywhere. All the pundits seem to be over the top with joy that the funds were hit badly by the volatility that hammered […]