We might be at the top! Or just stupid…

I hate to say it — in fact I don’t think I’ve ever said it in the more than 20 years that I’ve been working in and writing about hedge funds — but we might be at the top. The bloom, as they say, might be off the rose. You see, it was reported earlier this week that a former governor/senator/failed CEO is about to or is considering or talking about launching a hedge fund. And many predict that this individual will have great success. Well folks, if this person, no names here, succeeds, it might be time to give the industry, and more important, its investors a good hard […]