そしてヒットが続く
The hedge fund industry has clearly taken a number of shots this week and last. The news of the insider trading suit at Omega and that Perry Capital is winding down has left many folks scratching their heads wondering what is next. A lot, perhaps. In a recent interview with Bloomberg Surveillance, “hedge fund legend” Julian Robertson said that the industry is currently facing the worst period he has ever seen. Robertson, who started Tiger Management in 1980, said that right now it is difficult to be either a hedge fund investor or a manager. Click here to see the clip and read the article. Remember, it is always darkest […]
悪いりんごが1つあっても、多くのりんごを台無しにすることはない
“Innocent until proved guilty”: I’m sure that I’ve read that somewhere. And while this is the law of the land, many believe it is the other way ’round. The minute someone is charged with a crime or even merely accused of an illegal act, the press, the public and the people jump to conclusions, often devastating those accused. Rarely, if ever, do accusers apologize when they’re proved wrong. Think back to that great scene in Godfather II when Tom demands an apology from the Senate Committee investigating organized crime. Earlier this week, the Securities and Exchange Commission sued Leon Cooperman and his firm, Omega Advisors, accusing both of insider trading. […]