From Big Bets Come Back to Bite Fund Managers in today’s Heard on the Street section of The Wall Street Journal:
“To wit, a basket of stocks most popular among hedge funds tumbled 19% in September, more than the 9% drop for the Standard & Poor’s 500, according to Goldman Sachs.”
We doubt that early October has been any kinder.
We don’t want to make too much out of a single month’s or single year’s results or a single fund’s misfortunes, but we are wondering: were gains… Read the rest

















































