This Hedge Fund Thrives by Sensing Danger

(Barron’s) Jeff Osher smiles at the suggestion that Cat Stevens’ early classic track “The First Cut Is the Deepest” might apply to him. Soon after Osher, now 38, started as an analyst following specialty-finance companies for Montgomery Securities, the Asian financial crisis struck in 1998, undercutting half his coverage universe. Then, in 2000, while he was working as a buy-side analyst at the financial advisory firm Dowd, the dot-com bubble burst.

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