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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (84365)7/31/2007 3:28:22 PM
From: NOW  Respond to of 110194
 
they have been wildly successful beyond anyones dreams...



To: CalculatedRisk who wrote (84365)7/31/2007 9:54:16 PM
From: Wyätt Gwyön  Read Replies (1) | Respond to of 110194
 
You'd think the name "hedge fund" would have lost all special appeal by now.

a successful HF manager i know puts it this way: "There's no shortage of idiots in the world."



To: CalculatedRisk who wrote (84365)7/31/2007 10:58:05 PM
From: Oblomov  Respond to of 110194
 
It's unclear from the article whether the returns stated are before or after fees. If the returns are before fees, the post-tax returns realized by the limited partners are abysmal.