Once A Liar, Always A Liar - Hedge Fund Performance Revisions

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Sun, 11/06/2011 - 18:57 | 1851392 midgetrannyporn
midgetrannyporn's picture

gold bitchez

ron paul bitchez

Sun, 11/06/2011 - 19:09 | 1851425 Pladizow
Pladizow's picture

History's one reliable constant: human nature.

Sun, 11/06/2011 - 20:04 | 1851565 Whoa Dammit
Whoa Dammit's picture

On a long enough timeline, everything is open to interpretation.

Personally, I would trust the numbers of the  hedge funds that revised more than I would the numbers of the hedge funds that did not revise.

Sun, 11/06/2011 - 18:58 | 1851396 d_senti
d_senti's picture

Occasionally unethical? SOMEONE'S feeling generous today!

Sun, 11/06/2011 - 19:01 | 1851398 Sequitur
Sequitur's picture

Hedge funds, money losers. 2% + 20% = you are getting skullfucked, and these assholes are using your money to do it. Good luck to all the dopes who still chase alpha with these bads, you'd be better off giving your fiat to the UBS delta desk.

Sun, 11/06/2011 - 19:11 | 1851431 RoadKill
RoadKill's picture

Yeah all these HF managers are 0 value add monkeys throwing darts at a board.

Ohh wait, on average they are creating Alpha? Hmm that can't be right....

People should fire their slow money managers. Those are the really over paid monkeys that on average UNDERPERFORM index funds BEFORE fees.

Sun, 11/06/2011 - 19:32 | 1851469 Monedas
Monedas's picture

From Charity to Crap Shoots......it sure must be fun to spend OPM ! Monedas 2011 Comedy Jihad Socialism Simplified PS: OPM = OPiuM (Phonetically speaking !)

Sun, 11/06/2011 - 19:38 | 1851489 Roy T
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I worked at a Hedge Fund, and after years of reporting the monthly returns to databases, at some point in 2007, it was decided that they would no longer report our performance.

Sun, 11/06/2011 - 20:06 | 1851571 tmosley
tmosley's picture

Are there a lot of these kinds of accidents?

You wouldn't believe.

Which car company do you work for?

A major one.

Sun, 11/06/2011 - 19:39 | 1851496 Freddie
Freddie's picture

The majority suck except - James Chanos, Hugh Hendry (you want out - he returns your money in 5 days) and Ray Dalio at Bridgewater.  Pretty much the rest are scum like Stevie Cohen, Corzine, Madoff, and Raj the fat Sri Lankan felon.  

Sun, 11/06/2011 - 22:10 | 1851805 Thomas
Thomas's picture

I like Einhorn.

Mon, 11/07/2011 - 10:18 | 1852809 Variance Doc
Variance Doc's picture

Cornell !!!!!

Sun, 11/06/2011 - 20:30 | 1851617 RobotTrader
RobotTrader's picture

Looks like the 4th Quarter Santa Rally PigRun is on.

Futures are up.

Lots of guys will be looking to chase every small crap stock they can find that is on the "Largest % Gainers" list.

Whatever it takes to "Make Their Year"

Sun, 11/06/2011 - 20:34 | 1851624 buzzsaw99
buzzsaw99's picture

You got that right. I went long every dog stock on the big board last week bitchez. WOOF!

Sun, 11/06/2011 - 23:04 | 1851884 Yen Cross
Yen Cross's picture

Always appreciate  your comments Buzz.  Thanks Yen.

Sun, 11/06/2011 - 20:33 | 1851623 Eally Ucked
Eally Ucked's picture

What if you lie all the time and don't revise your statements at all? Who pays for research like that?

Sun, 11/06/2011 - 21:26 | 1851725 Buck Johnson
Buck Johnson's picture

The whole ponzi scheme is about to go under and people are running scared.

Sun, 11/06/2011 - 22:24 | 1851833 El Gordo
El Gordo's picture

You want the truth?  You can't handle the truth,

Sun, 11/06/2011 - 22:51 | 1851870 Yen Cross
Yen Cross's picture

 Overlays , are great Instigators. The " PIN points, are redundant! "...   An SPX chart is about as usefull as a TAMPON , during communion>

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