There be Tigers cubs here

Global macro is undoubtedly one of the most pursued styles in the hedge fund world, and for the monkeys interested in it, you might find this to your liking.

Opalesque TV has recently interviewed Argonaut Capital founder David Gerstenhaber about global macro and the Tiger cub had a lot interesting things to say about it.

A former economist at Morgan Stanley, Gerstenhaber entered the macro arena when he joined Tiger as partner back in the 80's.

He talks about how much of a swashbuckling experience it was back then; where making big bets for abnormal returns with limited risk management was de rigueur and where volatility was not a big issue.

He also shares how much the industry has changed since then, from the prioritizing of risk management after the dot com bubble, how it compares to other investment styles, and what he sees in the future for the macro field.

The insight into how Argonaut operates is pretty good as well.

Video after the jump.

Stay tuned for my exclusive with George Soros, a few hundred more calls and he's bound to pick up.

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Dec 2, 2010 - 9:26am
GoodBread:
Gerstenhaber seems awful serious after watching the PTJ video.

Do you still have the link to it? I burnt mine to a cd but I couldn't find it anymore...

People like Coldplay and voted for the Nazis, you can't trust people Jeremy
Dec 2, 2010 - 11:54am

Got it Goodbread, thanks man.

People like Coldplay and voted for the Nazis, you can't trust people Jeremy
Dec 2, 2010 - 1:13pm

Yeah, all the PTJ videos get taken down pretty fast actually. I had a torrent working before, but I also have a digital copy if anyone needs it

Reality hits you hard, bro...
Dec 3, 2010 - 5:45pm

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Reality hits you hard, bro...
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