What a difference a couple of months (and a few cups of coffee) makes
Oct 8th, 2007 | Filed under: Hedge Fund Industry Trends“The market volatility of late summer, which included a huge drop in stock prices from August 6th to August 9th, prompted the financial press to look for a scapegoat. Several journalists and commentators settled on quantitative hedge funds, or ‘quants,’ as the culprits. But did the media get it wrong? New research suggests so.”
Caveat Prognosticator: How the financial press may have gotten the quant story wrong
(The American, October 8th)
What a difference a couple of months makes. On this 2 month anniversary of the infamous August 9th, we look back on the summer’s screaming headlines and compare them to several from this week which seem to herald a very different world. It seems there are always two sides to hedge fund stories. In fact, we believe the way some of these stories have so dramatically evolved lends support to our goal of trying to provide a platform for “sober second thought” on developments in the hedge fund industry.
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[...] On the evolution of the quant hedge fund story. (All About Alpha) [...]
Enjoyed the posting as always, although when Giles Conway-Gordon of $65 Million Cogo Wolf, a fund of hedge funds, predicts the doom of hedge funds, we really should all listen.
[...] All About Alpha compares the headlines about hedge funds from two months ago and the headlines about hedge funds now and finds some vast differences. “What a difference a couple of months makes. On this 2 month anniversary of the infamous August 9th, we look back on the summer’s screaming headlines and compare them to several from this week which seem to herald a very different world. It seems there are always two sides to hedge fund stories. In fact, we believe the way some of these stories have so dramatically evolved lends support to our goal of trying to provide a platform for ’sober second thought’ on developments in the hedge fund industry,” they write. [...]
Thank you helicopter Ben for rescuing the Quant industry…