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Strategies & Market Trends : Playing the QQQQ with Terry and friends. -- Ignore unavailable to you. Want to Upgrade?


To: Walkingshadow who wrote (387)5/24/2005 2:19:19 PM
From: Kevin  Read Replies (1) | Respond to of 4814
 
Yes...worked for one of the biggest and more successful HFs in the world, when I used to live in Chicago. That HF accounted for almost 2% of the daily trading volume on NYSE, LSE, and TSE every single day (I'd imagine that some people could guess which fund this is). I assisted with the development of new trading strategies and to expose opportunities in new markets.

Been working at a Greenwich-based HF for almost 2 years now...working on similar things to what I did in Chicago.

-K



To: Walkingshadow who wrote (387)5/27/2005 11:25:52 AM
From: Kevin  Read Replies (1) | Respond to of 4814
 
Thought you'd find the following excerpt interesting, regarding top-paid hedge fund managers:
Below is a table of the 10 hedge fund managers with the highest pay, according to Institutional Investor.

*T
1. Edward Lampert $1.02 billion ESL Investments
2. James Simons $670 million Renaissance Technologies
3. Bruce Kovner $550 million Caxton Associates
4. Steven Cohen $450 million SAC Capital Advisors
5. David Tepper $420 million Appaloosa Management
6. George Soros $305 million Soros Fund Management
7. Paul Tudor Jones $300 million Tudor Investment
8. Kenneth Griffin $240 million Citadel Investment
9. Raymond Dalio $225 million Bridgewater Associates
10. Israel Englander $205 million Millennium Partners


Those figures far exceed the highest paid CEOs at other types of financial firms (and other companies in general).

Overall it's a very lucrative part of the industry to be in...even if you don't own/run the place ;-)

-K