…that have the tendency to wipe out Myron Scholes. Yep. The M to the S froze his largest fund, or we should probably say, froze Platinum Grove Asset Management’s largest fund, since the firm is larger than just one person, you know. All this according to an article in Bloomberg (which has been dutifully tracking his the firm’s impending doom since the markets started coming unglued) which tries to conceal the obvious Scholes lust by sticking the name in the middle and bracketing it on all sides with other firm names and tales of woe. We are not fooled. We know who they are after, and we love every minute of it.
Hedge Fund Assets Shrank 9% as Investors Withdrew $40 Billion [Bloomberg]
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Let’em Burn!
When Genius Failed Again
How are the vice funds? Tobacco is killing it today…puff puff pass
Who the fuck keeps giving this loser money?
There should be a new edict: Pension funds, univ. endowments and those numbnuts at CALPERS should be banned from investing in HFs. Harsh yes but there is no other way to protect these clueless mofos.
@4 It’s the Booth Nobel prize…
Get him a psychic like the SocGen guy!
Gettelfinger will get fingered
Can you really be considered a genius when you have bombed out twice using seemingly the same strategy?
Scholes once told a colleague of mine who at the time had 20yrs experience trading bonds that he [my colleague] wasn’t smart enough to deal with him [Scholes]. Fuck him.
Ugh now Taleb is really going to be gloating…
If Nobel Prize winners are so smart how come none of them work for the Tennessee Titans???
y’allah habeebi! Taleb wins again…
seriously, the Lebanese-Christian “mafia” is everywhere: Taleb, Ghosn, Nasser, Mack… they’re like the ashkenaz or something. except less, well, you know…
11 Titans lose at home their first playoff game. Mark it down.