Quote from SF in London:
Whether the fund lost money or not despite being reported on a site for "troubled" companies is one issue, but it is not the only issue. When public utterances including dates and representations such as you weren't running a hedge fund in the "common accepted sense" do not track with documents, those are serious red flags.
Of course the above refers to Taleb, not Niederhoffer. I'm referring to his mumble swerve in public about not running a hedge fund after 2001, yet Empirica Kurtosis wound up in 2004. Add to that his Paloma record. Yet he rails on about other managers. It seems that if he wants to point fingers the place to start is the mirror.
