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Hedge Fund Pound-O-Rama: Full Performance Update Through Month End
Well, a month end update only for those funds who still report their P&L to HSBC. Others, such as Paulson, apparently deem it below them to post an update when they are doing less than swell, shall we say. In other news, redemptions will continue until morale improves.
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At least paulson made it in the top 5!
Fund of Hedge Fund managers are not smart enough to run their own single strategy funds, BUT they reckon they are smart enough to pick which of these individuals will out perform any other.
So did Fund of Hedge Fund managers justify their exorbintent fees and pick that the systemic global managed funds saw Discus up 24% while Tulip was down 20%
Forget the science and waffle, THIS IS A LOTTERY AT BEST
Notice the liquidity on these funds?
How many redemption notices are winging their way to a Hedge Fund near you right now?
"...redemptions will continue until morale improves."
Hehehe, good one.
Ohh, I get. Whipping will continue until crying subdues.
Paulson is a genius when allowed to cheat the system. On his own, the product of his work is less than stellar. What percentage of Wall Street profits were nothing more than sweetheart made to fail deals made to bet against or inside information?
Systematicly managed futures (CTAs), bitchez. The only real hedge funds.
"In other news, redemptions will continue until morale improves."
Oh fuck me. You do know how to turn a phrase, Tyler.
Still giggling...
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