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I don't know about that. I've seen first hand, through close acquaintances, where some hedge funds will expend enormous amounts of financial and human capital
by blantonl 7y ago
I don't know about that. I've seen first hand, through close acquaintances, where some hedge funds will expend enormous amounts of financial and human capital resources when it comes to legal fights. Especially when it involves current and former employees of said funds that get sideways with founders and partners.
These guys running a lot of these funds didn't get to where they are without really throwing some sharp elbows at times. With the amount of money at stake, and the sheer megalomaniacal attitudes in play between parties, you can bet the drive to get ahead in any dispute will be especially acute.
- rhizome 7y agoThat all may be so, but in my experience these firms are also populated by a lot of "Hedge Fund Analysts," which is usually a temp gig for unemployed people who went to expensive schools.
- mruts 7y agoI mean certainly it happens but the vast vast majority of hedge funds just deal in the trading of vanilla equities, options, bonds, and futures. And there’s less/not much to sue about for those kind of things. There are some who deal in bespoke debt, swaps, CDS, etc, where there are often things to sue about. But it’s a less popular space compared to the former.