Hedge Fund Winners and Losers
The NYPost is looking at the winners and losers in the NY area hedge fund community:
Note that Jake at EconompicData does a much better job:
Source:
NO FUN(D) FOR HEDGES
NY TRADERS TAKE HUGE HITS IN DOWN MARKET
TERI BUHL
4:07 amAugust 3, 2008
http://www.nypost.com/seven/08032008/business/no_fun_d__for_hedges_122824.htm
Monday, August 04, 2008 | 04:30 PM | Permalink
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Comments
Barry,
Last year I posted that during 25-year periods(approximately a generation),
there seems to be a financial accident.
Right on the money, in 2007 we had the Mortgage Debacle.
1) Two things worry me: Our society permeated with debt.
2) The preponderant reliability on the Service Sector.
It seem to me that wee need a few more months of suffering.
I have posted about this on my site.
See
http://wrahal.blogspot.com/2008/08/twenty-five-year-cycle.html
Posted by: Will Rahal | Aug 4, 2008 5:26:53 PM
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