"With their 10-figure takeaways and peculiar passions ($500,000 watches), hedge fund geniuses are altering the luxury economy".
A mix of long and short positions in stocks and fixed income, as concocted by an assortment of hedge fund geniuses.
Here you found the pension-fund manager who'd siphoned off five million, or the Korean-American hedge-fund genius who vanished with a quarter billion of Palm Beach retiree money and who turned out to be a Mexican guy named Lopez.
Travelling home in the light, I happened to read an interview in the London Evening Standard with Crispin Odey, a wealthy hedge fund manager ("contrarian genius", in Standardspeak) who likes to make waves occasionally by saying provocative or foolish things.
In the words of John Kenneth Galbraith, writing in 1961, "Boiler-room operators, peddlers of stocks in the imaginary Canadian mines, mutual-fund managers whose genius and imagination are unconstrained by integrity, as well as less exotic larcenists, should read about Kreuger.
No surprise: With 8,000 U.S. hedge funds kicking around, genius and outsize returns obviously can't bless all of them.
They are led by David Einhorn, no doubt a genius hedge fund manager, who is now suing Apple for the cash.
No more talk about his political genius, his fund-raising prowess, his ability to captivate audiences.
He described Mr. Reidy as "a genius at fund-raising and at assisting parishes and schools with financial matters".
Golda Meir (portrayed by Ms. Bancroft) enjoys comparable status as the country's dominant matriarch, a human dynamo and genius at fund-raising and statecraft.
