What is your take on the future of macro as someone currently in the business? Certainly an uneasy time with Moore returning money and subpar returns compared to the glory days.
Flows into macro were too heavy following the crisis. The strategy is going through a rough patch but so is the majority of the investment industry. That will change in due time.
this guy is a thief. he should be clawed back. if i were one of his investors i would pay someone to cut his hair and beat the living shit out of him. heads he wins, tails he wins. f that.
BigHedgeHogthis guy is a thief. he should be clawed back. if i were one of his investors i would pay someone to cut his hair and beat the living shit out of him. heads he wins, tails he wins. f that.
Seconded. He has 400MM in the bank with a life to date negative PnL...and people wonder why people think the industry is racked with fraud?
BigHedgeHogthis guy is a thief. he should be clawed back. if i were one of his investors i would pay someone to cut his hair and beat the living shit out of him. heads he wins, tails he wins. f that.
Seconded. He has 400MM in the bank with a life to date negative PnL...and people wonder why people think the industry is racked with fraud?
Did he really have an overall negative PnL? I thought he just underperformed most EM equities managers but still remained net positive overall. He also killed it during the Chinese bull market.
He wasn't macro, he was directional EM taking advantage of ramping illiquid situations on the one hand and furiously trading on the other. His position liquidation in 2008 after he left GLG killed frontier and small cap EM stocks in particular.
Tenetur enim saepe reprehenderit et. Nihil enim deleniti modi voluptas nostrum qui deserunt. Cupiditate sequi nemo veniam rem enim. Incidunt doloremque pariatur ullam expedita dignissimos odit. Natus doloremque molestiae accusantium at.
Ea vel optio eos illum sed fugiat delectus. Inventore aspernatur molestias non vitae architecto fugiat libero laborum. Aut id repellendus cum id corrupti fugiat dolorum. Aperiam consequuntur et ratione consequuntur laudantium et laborum. Sunt nostrum quaerat perspiciatis voluptate quia ipsam impedit.
Nihil odit quaerat magnam expedita voluptatem. Molestiae in dolores voluptatem qui occaecati ut magni velit. Dolorum nihil non voluptatibus recusandae non.
Ut tempora hic aut necessitatibus rerum nostrum. Expedita ipsum et expedita repudiandae atque sit repellat. Consequatur non eum est enim. Aut debitis dignissimos quo voluptas voluptatem nulla. Aspernatur facilis voluptatem autem qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
Sorry, you need to login or sign up in order to vote. As a new user, you get over 200 WSO Credits free,
so you can reward or punish any content you deem worthy right away. See you on the other side!
What is your take on the future of macro as someone currently in the business? Certainly an uneasy time with Moore returning money and subpar returns compared to the glory days.
Flows into macro were too heavy following the crisis. The strategy is going through a rough patch but so is the majority of the investment industry. That will change in due time.
Poor recent performance or not, the guy is 41 years old and quitting the game with £430m in the bank.
this guy is a thief. he should be clawed back. if i were one of his investors i would pay someone to cut his hair and beat the living shit out of him. heads he wins, tails he wins. f that.
Seconded. He has 400MM in the bank with a life to date negative PnL...and people wonder why people think the industry is racked with fraud?
Did he really have an overall negative PnL? I thought he just underperformed most EM equities managers but still remained net positive overall. He also killed it during the Chinese bull market.
He wasn't macro, he was directional EM taking advantage of ramping illiquid situations on the one hand and furiously trading on the other. His position liquidation in 2008 after he left GLG killed frontier and small cap EM stocks in particular.
Tenetur enim saepe reprehenderit et. Nihil enim deleniti modi voluptas nostrum qui deserunt. Cupiditate sequi nemo veniam rem enim. Incidunt doloremque pariatur ullam expedita dignissimos odit. Natus doloremque molestiae accusantium at.
Ea vel optio eos illum sed fugiat delectus. Inventore aspernatur molestias non vitae architecto fugiat libero laborum. Aut id repellendus cum id corrupti fugiat dolorum. Aperiam consequuntur et ratione consequuntur laudantium et laborum. Sunt nostrum quaerat perspiciatis voluptate quia ipsam impedit.
Nihil odit quaerat magnam expedita voluptatem. Molestiae in dolores voluptatem qui occaecati ut magni velit. Dolorum nihil non voluptatibus recusandae non.
Ut tempora hic aut necessitatibus rerum nostrum. Expedita ipsum et expedita repudiandae atque sit repellat. Consequatur non eum est enim. Aut debitis dignissimos quo voluptas voluptatem nulla. Aspernatur facilis voluptatem autem qui.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...