Hedge Fund News From HedgeCo.Net

It’s Better to Be Rich Than Right

July 8, 2018 : Permanent Link

(Bloomberg) One apparently out-of-consensus view that I have is that, while most people seem to think that the essential skill of a hedge fund manager is identifying investments that will have high returns, I think that the essential skill of a hedge fund manager is continuing to run a large hedge fund that pays you a lot of money. Obviously those skills overlap… But they are conceptually distinct. For instance here is a sequence that you sometimes see hedge fund managers go through……

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Leave a Reply

Recent Posts

  1. S&P 500 futures rise after earnings lift the index to a second winning day: Live updates
  2. Tesla cutting around 2,700 jobs in Austin and more than 3,300 in California as part of broad restructuring
  3. FTC votes to ban noncompete clauses that bar employees from working for competitors
  4. Jack Dorsey’s payments company, Block, is building its own bitcoin mining system
  5. Hedge funds ramp up borrowing to five-year high

Search


Categories