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I thought this was a pretty good look at how hard it is to run a successful hedge fund. John Paulson was the man who famously had a bonus of billions in 2008/2

I thought this was a pretty good look at how hard it is to run a successful hedge fund. John Paulson was the man who famously had a bonus of billions in 2008/2009 for his subprime mortgage bets. Since then he's had a pretty tough ride with losses almost ever since.

Retric 10y ago
If your funds can fail consistently for 5 years and people still hand you billion then that's not exactly unforgiving.
- jacquesm 10y ago
  Like gamblers lining up in front of the slotmachine that people remember made someone a millionaire many years ago.