NYT – While other investors have been getting whipsawed by the roller-coaster action in global markets since the earthquake struck Japan a week ago, there are rich pickings these days for Mr. Adler, who runs a $275 million hedge fund that bets on volatility.
“Markets like these create opportunities,” said Mr. Adler, sitting in the spartan quarters of the firm he co-founded, Alphabet Management, just off Wall Street in Lower Manhattan.
