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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?


To: mishedlo who wrote (89887)11/7/2008 9:15:38 AM
From: HH  Respond to of 116555
 
Hedge funds are supposed to make money no matter which way the market goes, or so they claim. To collectively be down 18%, they had to have been making one sided bullish bets on something. Where's the hedge?

from that article..... very profound statement



To: mishedlo who wrote (89887)11/7/2008 9:20:42 AM
From: The Reaper  Respond to of 116555
 
Did everybody think he was due for a base hit since he couldn't possibly fail twice? Hey he's a Nobel Prize winner. Quant's don't make it in the real world.