Where were their trading profits coming from?

O

OddTrader

Where were their trading profits coming from, year after year? I am just curious!

http://www.elitetrader.com/vb/showthread.php?s=&threadid=260037

Quote from OddTrader:

THE 40 HIGHEST-EARNING HEDGE FUND MANAGERS AND TRADERS

http://www.forbes.com/sites/nathanv...hest-earning-hedge-fund-managers-and-traders/

http://www.forbes.com/lists/2013/hedge-fund-managers-13_land.html

"
But in northern New Jersey, David Tepper had another extremely strong year. The founder and head of Appaloosa Management guided his flagship hedge fund to net returns of nearly 30%. Tepper personally made an estimated $2.2 billion in 2012, topping Forbes’ list of the 40 highest-earning hedge fund managers and traders.

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Women, for the most part. You see, men work and amass fortunes and die. Women live longer so they wind up with the fortune. Then they find attractive, trustworthy advisers in trustworthy organizations to invest their money wisely.
 
Quote from Fractals 'R Us:

Women, for the most part. You see, men work and amass fortunes and die. Women live longer so they wind up with the fortune. Then they find attractive, trustworthy advisers in trustworthy organizations to invest their money wisely.
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so the trustworthy organizations are the losers in trading against those HF managers?
 
Quote from OddTrader:

then why would we still keep trading?
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For many of the quant oriented strategies, their gain is a reduction in our gain or what tips our gain into a loss.
 
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