• 06 Jan 2011 at 12:27 PM

Let’s Take A Moment To Celebrate Ping Jiang

If you’ve checked out Bloomberg‘s “richest hedge funds” story today, you may have noticed a sidebar of the “top emerging-market hedge funds.” Number one on that list? Mr. Ping Jiang, founder of Ping Capital Management. Dealbreaker readers will not be surprised; we’ve been exclusively tracking the performance of Jiang all year and the returns have been consistently of the kick-ass variety. Still, it’s nice to see Jiang’s efforts recognized. Having said that, it’s not enough. That’s why today we want to present Ping with an award that reflects what he’s had to do to get to this place.

It’s the first annual Michael Vick Career Resurrection Award of Excellence and we’re proud to say Ping has earned this thing. Like Michael, Ping had been written off by his professional community as just another example of immense potential gone to waste. Both men had questionable lapses in judgment as it related to canines and whiteboard markers and both were punished accordingly. While the matter of Ping being let go of his job at SAC had less to do with female hormones than a drop in performance, once banished from the kingdom he was no longer viewed as a talented portfolio manager; like Vick, whose extracurricular activities with pups outshone his football skills, all people could think of when they looked at or thought about PJ was that he once made an underling pay the toll before putting on a trade.

Both Vick and Jiang could’ve said ‘fuck it’ and quit on their careers and lives, flushing their god-given abilities down the toilet. Instead, they took that absolute last chance proffered to them by Eagles and people with seed capital and said- I’ll show you, world. They took the opportunity and ran with it and while Ping’s comeback hasn’t yet been weighed in on by the president of the United States (or Tucker Carlson), it’s only a matter of time.

Ping couldn’t be with us today to accept this award, so in his place, I’d like you, the people, to offer some words of thanks or provide a few memorable lines for the speech he would’ve wanted to deliver.

Comments (60)

  1. Posted by Guest | January 6, 2011 at 5:37 PM

    Glad I’m a cat person.

  2. Posted by Chalkboarded | January 6, 2011 at 5:40 PM

    Whiteboard markers are preferable to the chalk he’s got in his new office. Just sayin’.
    –Sphynctoanalyst

  3. Posted by CoveredLong | January 6, 2011 at 5:45 PM

    It’s incredible what these two have accomplished. They’ve even managed to leverage their success into lucrative marketing campaigns.

    New branded product launches for 2011 include canine friendly Vicks Vapor Rub and a Ping putter with multiple integrated ball markers.

  4. Posted by Guest | January 6, 2011 at 5:45 PM

    like vick, he’s still a few months off from being trusted with the forbidden fruit (markers y doggies).

  5. Posted by Doubeline | January 6, 2011 at 5:46 PM

    Ping – any interest in a working partnership? Let’s meet in my office to discuss.

    Jeffrey Gundlach

  6. Posted by Guest | January 6, 2011 at 5:49 PM

    photoshop of the year.

  7. Posted by BackOfficeSales | January 6, 2011 at 5:51 PM

    PIIIIIIIIIIIINNNNNGGGGGG!!!!!!

    - A. Tong

  8. Posted by Guest | January 6, 2011 at 5:56 PM

    He’s got an awful case of vitiligo though. Poor Ping.

  9. Posted by Maria_Rodriguez-Wang | January 6, 2011 at 6:05 PM

    Not since Phil Falcone rescued Lisa from a life of food stamps and 12 hrs/day of Univision on a 12″ B&W TV have I been so proud of someone in the financial industry. I think this should be the financial “feel good story” of the year.

  10. Posted by Dr. Laura | January 6, 2011 at 6:24 PM

    I just love seeing a chink in a klan robe holding a brother’s crack-house-gaurding pit bull. Now go out and do the right thing.

  11. Posted by Quantass | January 6, 2011 at 6:24 PM

    I didn’t know he was scared of heights…..

    AIG Quant

  12. Posted by Guy Who Suspects Things | January 6, 2011 at 6:35 PM

    I suspect that this is the only place on the interwebs where these two individuals are connected with each other.

  13. Posted by Guy Who Suspects Things | January 6, 2011 at 6:35 PM

    I suspect that this is the only place on the interwebs where these two individuals are connected with each other.

  14. Posted by Guest | January 6, 2011 at 6:43 PM

    Ping Jiang, Michael Vick and Greece need to merge in order to survive.

    - Ping J. I mean, Guest.

  15. Posted by P. Jiang | January 6, 2011 at 6:48 PM

    I am simple person. There is no need to send me medals, certificates or any fancy useless stuffs. A big box of markers will do.

    - P. Jiang

  16. Posted by Non-Entity Hedge Fund Manager | January 6, 2011 at 6:57 PM

    Motives

  17. Posted by Non-Entity Hedge Fund Manager | January 6, 2011 at 6:57 PM

    Motives

  18. Posted by Guest | January 6, 2011 at 6:57 PM

    because 99.9% of the internet is retarded and can’t make the connection?

  19. Posted by Guest | January 6, 2011 at 6:57 PM

    because 99.9% of the internet is retarded and can’t make the connection?

  20. Posted by Guy Who Suspects Things | January 6, 2011 at 7:42 PM

    Yes, I suspect that’s the primary reason.

  21. Posted by A. Tong | January 6, 2011 at 9:16 PM

    I guess Leverage isn’t just for Marker up your Ass…

  22. Posted by Djiang93 | April 11, 2011 at 3:09 AM

    Shut the fuck up Andrew, u have a vagina and u can’t trade for shit, oh yeah and u also had a lesbian wife who probably raped little kindergardeners along with you

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