Hedge Funds Fail When 'Rock Stars' Are In Charge

kid rock singing

From Bloomberg:

The ideal hedge fund should be like a good local restaurant: reliable, high-quality, a loyal group of customers, and unknown to the rest of the world.

Pierre-Henri Flamand is just the latest star trader who should remember this. The 39-year-old is leaving Goldman Sachs Group Inc. to start his own hedge fund.

But the more publicity he gets, the worse his performance will be…

Read the rest at Bloomberg –>

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