Hedge fund carnage, biggest con game going

I could bypass it, but why the OP doesn't have the courtesy to do so for others?

Anyhow, the point was HF being down 50%...
 
Like any field, hedge fund manager is a very loose term applied to anyone who runs a hedge fund. Timothy Sykes used to own a $10 million hedge fund with most of the monies of that hedge fund coming from a friend. He lost a good chunk of it. The very best traders who are hedge fund managers the likes of Paul Tudor Jones, Ed Seykota, etc. are able to beat the stockmarket most years, getting returns of 18% on average. Now, they have losing years too, once, in a while. Michael Covel's Trend Following book details the returns of the various top hedge funds. That said, hedge funds are like elephants in a pond. They cannot move with the speed retail traders can. So, they cannot unwind a position in a stock just like that. It could take them months to unwind a position they want to get out of or get into. So, the amounts they can earn is restricted by that fact. It is way harder to move tens of millions of dollars than to get into a trade with tens of thousands as retail traders can.
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TS did much better in his private trading [audited]. NOT a prediction\penny stock suggestion or an investor in his fund; but his self published book is a good read.........................
YOU noted some excellent ones \ but as a group many dont beat any benchmark much, much less 10 years......................................................................................
 
Dimon and Musk are thinking alike.It has not been widely reported, but jamie dimon has been cutting bank branch hours and has been closing branches.
 
Paywall. You are supposed to quote at least the relevant part for future posts.
You poor little baby! With all the trading "insights" you give around here, you can't afford a WSJ subscription? I thought you made millions with your TA?
 
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