Yes, it’s sad but we must look back many decades to find inspiration from the original hedge fund, from the man AW Jones himself.
Considering just how badly today’s over-leveraged monstrosities–an accurate description for the vast majority of wannabe/incompetent at short selling (perhaps someone should be kind and get them my 6 hour instructional DVD on short selling called Shortstocking)/should be absolutely banking right now, absolutely/today’s environment is the toughest they’ve seen because they’re truly incompetent aka not meant to last aka this market really isn’t that hard hedge funds these days–are performing:
(Gracias Hedgefund.net)
…these rich idiots, along with everyone else, should read THIS 1966 Fortune article that details the first hedge fund.
(Gracias SJ)
Considering that 99% of finance freaks are too ignorant/egotistical to ever really learn, maybe we do need to tear down the whole system and get back to basics, Snake Plissken-style.
What do you guys think?
Tags: History, Real Wall Streeters
