The April Fools The New York Times
When I read the Op-Ed titled “How Hedge Funds Held Argentina for Ransom,” at first I thought The New York Times was publishing an April Fool’s joke. Once I got into the meat of the piece, though, I found out that I was wrong. The Old Gray Lady was continuing its chorus of anti-hedge fund, […]
People love it when others fail
The recent news of the continued troubles at Valeant and hedge fund manager Bill Ackman’s losses in the stock have gotten many people excited. Lots of investors and other hedge fund managers are metaphorically screaming, “I told you so.” They’re even excited that Mr. Ackman is on the losing side of the trade while they’re […]