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NNT is very entertaining. He's also blown up two hedge funds. Ever notice that running a fund is an asymmetric option? The management makes money either way at
by vajrabum 3y ago
NNT is very entertaining. He's also blown up two hedge funds. Ever notice that running a fund is an asymmetric option? The management makes money either way at least until the investors leave, but there's no clawback if the fund blows up. So, I enjoy NNT. I respect his wit and intelligence. I'll even use his insights to steer my thinking. But he's not where I want my money going. And with his books and his trips to Washington perhaps he's gotten that bigger job.
- idoh 3y agoWhat were the hedge funds, what happened? I’m a fan of NNT, but I want to get a more complete picture of whether his “stuff” works or not, and good info is hard to come by.
- mhh__ 3y agoI'd also like to know.
- everybodyknows 3y agoA less successful example of this type would be Hugh Hendry, who after the implosion of his Eclectica fund is now seeking listeners willing to pay via Patreon for his weekly podcast recordings.