I have just finished reading about Michael Geismer in Hedge Fund Wizards (I’m still not overly enamoured with the book) and nothing in it so far has convinced me that hedge funds are not run for their managers. Take Geismers fund – it apparently returns 12% on average of which he trousers 30%. Consider this…
Whilst doing some reading this morning I had the misfortune of coming across this. I love a good prediction – wonder whether he has any money on it?
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