Monday, April 5, 2010

FT.com / Companies / Financial Services - Macro hedge funds fail to profit from crisis


Along the same lines as my previous post, often times the so-called "smart money" is every bit as fallible as every other investor.

Difference is, of course, is that the smart money gets its fees as long as it holds the funds.

FT.com / Companies / Financial Services - Macro hedge funds fail to profit from crisis