Without low-effort, low quality trolls it might go back to being nearly as good as ?off

wall street

...the top 25 hedge fund managers combined appear to have earned more than all 500 S&P 500 CEOs combined (both realized and estimated).

http://www.marginalrevolution.com/marginalrevolution/2007/07/ive-been-waitin.html
Permalink bob 
July 22nd, 2007 2:07pm
2% plus 20% makes for a nice take-home package.

Of course, it also provides for significant motivation to earn money for your clients.
Permalink Send private email xampl 
July 22nd, 2007 2:33pm
A Bear Stearns hedge fund lost 91%, or $1.5 Billion of the investors money.  I wonder what kind of salary those managers got.
Permalink Send private email sharkfish 
July 22nd, 2007 2:57pm
I feel pretty comfortable suggesting that all the managers of those bear funds are multi-millionaires.
Permalink bob 
July 22nd, 2007 2:58pm
I think they still do nicely. Often they take a fixed chunk of asset value as well.
Permalink son of parnas 
July 22nd, 2007 2:59pm

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