Whatever they think of QE, most managers learn to ride a rising trend after a while; their clients demand it.Rather than anger at being wrong-footed, I wonder if the explanation for hedge fund dislike of QE isn't cognitive dissonance.
Portfolio managers continue to ride the cresting wave of global liquidity, while I'm just seeking to preserve capital for my old age.
Hedge fund managers often try to ride market trends, much like surfing a wave.
Unlike many other smaller company fund managers, he tends to ride his winners as they progress to the FTSE 100 index of the UK's largest companies to receive the maximum gains.
That is even true of managers who were able to ride out the problems in 2008 and take advantage of the rally in 2009.Figures from Hedge Fund Research bear this out.
Millwall manager Ian Holloway: "We had to ride a couple of things, like our record here.
Peugeot-BP-Englebert manager Gaston Plaud ordered Simpson to ride the Midi Libre stage race to earn a place in the Tour de France, and he finished third overall.
Contador has signed a two-year contract with for the 2011 season, to ride under team manager Bjarne Riis, who revealed that he would like Contador to try winning all three Grand Tours in one season, a feat never before accomplished.
Sales, primarily of gas masks, also surged at Army surplus shops and survival stores immediately after the attacks and continue to ride a swell, store managers said last week.
My team manager said: 'OK,' then told the guys to ride anyway," Cavendish said.
