Though they’ve got three more months to turn things around, 2011 is on track to be a year most hedge fund managers would like to forget, performance-wise. John Paulson can’t catch a break, Whitney Tilson is having PTSD flashbacks to 2008 and even among those making money, the gains are a measly 3 or 4 percent a month. One investor who stands out from the crowd? Marx NY Capital founder Niki M. Three years ago Niki was a stripper, first at Sapphire New York, then at HQ Gentleman’s Club, using the gig as “a way to advance her financial career,” and now? She’s running her own show and scoring triple digit returns so far this year, according to the latest letter to investors posted on her Facebook page.
Though she won’t disclose her strategy, managers who could use a little get up and go this quarter, lest your LP’s redeem en masse, ought to take a gander at some of Niki’s investing pearls of wisdom.
That Marx not only makes the market her bitch but also provides intraday updates and has time to launch a music career should be a wake up call to you all.
Stripper-Turned-Hedge-Fund-Manager In Legal Battle With Former Club [FINalternatives]
At The End Of Her Grope [NYP]
Niki Marx [Facebook]