via NYT


Hedge Funds, Unhinged
NYT, January 17, 2009

Category: Digital Media, Hedge Funds, Trading

Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.

2 Responses to “Hedge Fund Falloff”

  1. constantnormal says:

    Not as bad as I would have expected. There is some talent out there.

    We’ll see what happens as 2009 unfolds, possibly a repeat of 2008, with a tsunami of withdrawals hitting the hedge funds if they don’t manage to make money, or are visibly doing “crazy stuff” and incurring greater risks than they normally do.

    Add to that the overwhelming desire to “make back the losses”, and we are likely to see hedge funds driving volatility higher, pushing into more volatile areas trying to ride the larger swings.

  2. Moss says:

    I hope the demand for these blood suckers dries up. I don’t think we have seen the end of blow-ups and outright fraud. What exactly do Hedge Funds do except act as a compensation system and add to the volatility and speculation. They propagated over the last 8-10 years as a regulatory arbitrage play. I challenge anyone to tell me what they do for the economy as a whole and society in general. They add nothing.