by BanKing (Monkey, 45 Points) on 5/29/06 at 10:14am
Read on the FT that the best paid was earning some USD 1.5bn, and two others had also earned more than a billion! I think it was Renaissance Capital that paid best, am not sure though.
Agreed, I'm sure average managers are doing well Problem is, most are "doing well" b/c of the 2, not the 20 (e.g., I'd do pretty well on a 2/20 structure by raising $1B in putting it in index funds. In fact I'd probably beat half of those "average" managers)
there are apparently 6000 hedge funds... your saying at 600 of the top, the average person is making 300mm a year??? If you look at a top 100 list the 100th name is like a 3bn fund which is no where near the 300mm mark.
I'm not so sure of that, if you've got as much money as Cohen does and don't spend much of it/can afford almost literally whatever you want, you don't get up at 6.30am to make more money.
On second thought I should
On second thought I should have put this in the hedge fund section...I don't see any way to delete it now though, sorry.
Best paid in the business
Read on the FT that the best paid was earning some USD 1.5bn, and two others had also earned more than a billion! I think it was Renaissance Capital that paid best, am not sure though.
WOW
Very impressive!.. but the better question would be: How much does the AVERAGE hedge-fund manager make?
i think you question is
i think you question is answered within the title of the thread.
no
his question i think is average of all hedge fund managers... not average of the best...
my bad
my bad
still a good amount of money
with 2/20 average fees, even average managers are doing well.
Agreed, I'm sure average
Agreed, I'm sure average managers are doing well Problem is, most are "doing well" b/c of the 2, not the 20 (e.g., I'd do pretty well on a 2/20 structure by raising $1B in putting it in index funds. In fact I'd probably beat half of those "average" managers)
anybody know the mean?
ill bet its a lot lower
it is..
that's the upper echelon, but even for top 25% or even top 10% that's a lot of cash
there are apparently 6000
there are apparently 6000 hedge funds... your saying at 600 of the top, the average person is making 300mm a year??? If you look at a top 100 list the 100th name is like a 3bn fund which is no where near the 300mm mark.
only the top
that is only the top
do you have the top 100?
do you have the top 100?
TOP 100???
anyone got the list?
Not Too Bad
Where do i sign up?
Do You Think?
Do you think they do it for the money?
money
they all do it for the money
I'm not so sure of that, if
I'm not so sure of that, if you've got as much money as Cohen does and don't spend much of it/can afford almost literally whatever you want, you don't get up at 6.30am to make more money.
average comp...
like we'll ever get there... also do not forget to paste the info the ones that went bust...market is so volatile and so difficult to beat...
The $363 mil figure was an
The $363 mil figure was an average of the top 26 hedge fund managers. Out of around 7000-8000. Number 26 made $130mil.
Money Money Money
Money Money Money Money...MOOOONNNNNEYYY !
yup, bring out the moolah.
yup, bring out the moolah.
no it says TOP dang it
no it says TOP dang it
Id also like to know what
Id also like to know what the comp is across the entire industry, with sigma.