@vgr Yes, because if running a hedge fund required positive post-fee risk-adjusted return on you investing, there wouldn't be hedge funds...
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr lots of people, especially smart people, fall prey to the "smart = will do good at anything" fallacyThanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr knowing that you suck at thinking about money is probably a good skill for a hedge fund personThanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr hedge fund success can be had by sounding smart and telling good storiesThanks. Twitter will use this to make your timeline better. UndoUndo
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@vgr do you care about $? - End of conversation
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