Posts Tagged as ‘hedge funds’

October 23, 2008

“Things will get much worse before they get better. I fear the worst is ahead of us.”

Nouriel Roubini, who at the moment is as close as you can get to being a celebrity economist, today said the following at the Hedge 2008 conference here in London:
“This is the worst financial crisis in the U.S., Europe and now emerging markets that we’ve seen in a long time,” Roubini said. “Things will get [...]

October 20, 2008

“Throw the Blackberry away and enjoy life.”

The FT published a letter from California hedge-fund manager Andrew Lahde explaining the reasons why he is retiring at 37 years of age. In it he ridicules upper-class Ivey leaguers, the rat race, the broken concept of an American meritocracy, and sings the praises of hemp and marijuana. I sincerely wish this guy happiness til [...]