Living in a maze – the other side of hedge funds

AH, THE grand life of the hedge fund manager: the salaries in the tens, if not the hundreds, of millions of dollars; the mansions in Greenwich; and the ski houses in Aspen.

But there is another other side of the business, one examined by Barton M. Biggs, the former Morgan Stanley strategist and now a hedge fund manager himself, in a soon-to-be published book.

He writes about stressed-out managers struggling to maintain their lavish lifestyles as their funds suffer losses.

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