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

Tyler Durden's picture

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midgetrannyporn's picture

gold bitchez

ron paul bitchez

Pladizow's picture

History's one reliable constant: human nature.

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.

d_senti's picture

Occasionally unethical? SOMEONE'S feeling generous today!

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.

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.

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 !)

Roy T's picture


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.

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.

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.  

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"

buzzsaw99's picture

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

Yen Cross's picture

Always appreciate  your comments Buzz.  Thanks Yen.

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?

Buck Johnson's picture

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

El Gordo's picture

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

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>