Salient to Investors:
Julian Robertson at Tiger Mgmt said:
- You cannot expect spouses who love each other and are in the stock business not to talk stocks.
- People that compete well in one thing compete well in other things.
- In the hedge-fund industry, a few stock picks can make or break performance.
- All you have to do in hedge funds is perform and money will pour in.
Only a handful of spouses have each run separate hedge funds.
Chris Schelling at Kentucky Retirement Systems said a hedge fund’s senior business employees leaving consistently is a red flag, especially with institutional capital.
Kyria Capital Mgmt said there are 125 female-run hedge funds, representing 3.6% of the total hedge-fund industry.
Read the full article at http://www.bloomberg.com/news/2014-09-16/tiger-s-chopra-stumbles-in-rise-to-top-robertson-empire.html
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