Whod be a Hedge fund manager?
There are some jobs we hate on principle: politicians, lawyers, estate agents, parking attendants – they all get it in the neck. Now some of them might moan that it is unfair to make sweeping generalisations about their profession. But they could never argue that the rest of us didn’t know what they do. The whole point is that we have a very good idea about what they do and that’s precisely why we don’t like them. The same cannot be said about hedge fund managers, though, as nobody really knows what they do beyond looking at numbers on a computer screen. Wikipedia says: “A hedge fund generally refers to a lightly regulated private investment fund sometimes characterised by unconventional strategies (other than investing long only in bonds, equities or money markets). They are primarily organised as limited partnerships and were grouped with other similar partnerships such as those that invested in oil development.” This doesn’t exactly add to the sum of human knowledge about hedge fund
