Top Earners 2008
Very interesting article considering everything that's happened over the past year.
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MIT_ALGO_TRADER you are a tool just like all those HF managers on that list minus (Simon the philanthropist)
This makes sense. The people that started 'hedge funds' because someone gave them a ton of money - then leveraged it out 40x and then made high risk trades guaranteed to net a few percent as long as things didn't change drastically - well when they did change drastically - of course they blew up.
My question is, how are the financially challenged congresspeople supposed to make 'regulations' to help?
Its simple, the people at the top of that list are there for a reason, thats why people start hedge funds and others invest in them.
Dipset this is more evidence why you belong on the wso wall of shame list.
This list is quite different from trader monthly's 2007 top earners where the cutoff was I believe 150mm.
Alright im sorry man please don't put me on that list...please
I had no idea Simon made more than Paulson last year.
The list is interesting, but really should be taken with a big caveat, because it's counting the returns guys realized on their own money as well; if Simon didn't have so much of his own money in his fund, he wouldn't hae done nearly as well. So it's a nice piece to let the proletariat know who they should be directing their anger at, but not as great for telling who had a stellar year.
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