NY Magazine – In an earlier era, hedge fund managers who found themselves out of work had two or three acceptable options for passing the time between gigs: golf, tennis, and maaaaaybe poker. (Though that’s sort of Einhorn’s thing.)
Now, though, they’re much more discerning.
Paul Sinclair, who is shutting down his $458 million L.A.-based hedge fund, Expo Capital Management, amid poor performance caused by the European debt crisis, told Bloomberg today that he doesn’t want just any leisurely pastime.
