Daily HFRX Indices
Source: Hedge Fund Research
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
check this out: http://www.nytimes.com/2011/11/27/business/how-freedom-group-became-the-gun-industrys-giant.html?_r=1&adxnnl=1&ref=business&src=me&adxnnlx=1323084702-hICVr4rZiIBabLvSgnZcEQ
[...] At Hedge Funds, Breakeven is the New Black [...]
[...] At Hedge Funds, Breakeven is the New Black. (TBP) [...]
if hedge funds are the vehicle of high net worth individuals, and if hedge funds are performing so poorly, how is it that luxury retail continues to out-perform?
@michael-D…
Because hedgies are still raking in the big fees. $$$
How ’bout dis: “Zombie banks are the new hedge funds.” We bitch and moan about banks taking the profits and socializing the losses. But there is another subset of masters of the universe who take 2/20 in good times (or 3/30!) and in bad times renegotiate the highwater mark, or simply close the fund and open a new one, thus wiping out the loses and allowing the bonus calculation to begin anew (what would Mr. Barnum say?).
Good work if you can get it, if you ask me. Are not TBTF bankers pikers by comparison? Which do you prefer, a greater number of fleeced or a deeper fleecing?
@macrotrader603
> Because hedgies are still raking in the big fees. $$$
i read that and thought “oh… i get it.” but then i said to myself, “self, that bodes well for the fund -managers- but not so much for the fund -participants- and last time i checked the fund participants way out-numbered the fund managers. but i suppose enough of them could be doing well enough to support that theory. the .0001% …?
thanx
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