In early October, we wrote So Much for the ‘Hedge’ Part of Hedge Funds. In that post, we noted that many equity funds were suffering like the rest of us.
A month earlier, way back on 9/11, in Speculators, Hedge Funds and Lehman Brothers, we disagreed with a subtitle from an article in the previous day’s edition of The Wall Street Journal. The subtitle was: Big Cash Balances Signal Bullish Times Ahead.
We wrote, “We’re not so sure. It seems more… Read the rest

















































