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Hedge Funds Have Worst Month on Record

It appears hedge funds had a disastrous September, the worst since records have been kept (1990). Some of the names on the list are quite shocking as they are considered “the best of the best”. The whole idea of a hedge fund is to offset market volatility and be able to make money in both and up and down market (or at least limit losses) - or at least that was the old school idea of what a hedge fund offers. The new school idea is to take as much risk, lever as much as possible, and create generational wealth in a span of 2-3 years and then if the fund blows up, oh well. You start a new one in 18 months and say “well who could expect what happened to happened - it blew up my model”….
Original Source: http://feeds.feedburner.com/FundMyMutualFund


  3 October, 2008| Fundamental Analysis | @ 9:02

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