questions

Related: What Does Bill Gross Think About On The Can? He’s Happy You Asked

Not All Hedge Funds Totally Worthless

Our friends over at MoneyBeat have a question: Are any hedge fund strategies of any kind anywhere producing any alpha at all? The answer is yes, albeit not much and by not many. Read more »

Despite the clouds looming over billionaire Steve Cohen for “rampant insider trading,” he appears as cozy as ever with New York Mets owner Fred Wilpon. Cohen and Wilpon both shelled out money to sponsor a baseball exhibit now on display at the National Museum of American Jewish History in Philadelphia, according to the museum’s Web site. Questions have arisen over whether Cohen’s recent legal woes might force him to sell his minority stake in the Mets. After all, the baseball empire was recently burned by its ties to Bernard Madoff, another troubled hedge-fund manager. But Cohen and Wilpon’s names are at the top of the lineup card of sponsors on display at the exhibit, titled “Chasing Dreams: Baseball and Becoming American” — suggesting there’s a kindred spirit. [NYP]

Why Mohamed? Why? Read more »

Or so he told one Bloomberg reporter. Read more »

The question comes from a budding CPA but surely there are would-be bankers, traders, hedge fund managers out there asking themselves the same thing, looking for an answer before it’s too late.

From: [redacted guy]
Sent: Tuesday, October 01, 2013 11:05 PM
To: [redacted girl at Deloitte]
Subject: Question

Hey [redacted girl at Deloitte],

We talked a couple weeks back at the [university] accounting night. (I was the one looking for equity research positions and had a zit on my lip that could have passed for a cold sore. Lol. Whew. It was not. You’re probably like, “uh.. What?” Maybe that helps you recall, maybe not. Not completely important, I suppose.

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Follow-up questions: 1) Would you agree or disagree that you’ve been prove to be “something of a weapon of mass destruction”? 2) Can you justify your continued employment? Read more »

Suspending disbelief for a moment and pretending this scenario* actually occurred in real life…

I am a 22-year-old man working at a new job on Wall Street. My boss is a very attractive 30-year-old woman. We happen to exercise at the same gym at the same time. We both swim, and the first time we ran into each other, she was wearing a one-piece bathing suit, and I was wearing a classic Speedo. I saw her look me up and down. The next week, she started wearing a thong bikini. Isn’t this a power thing?

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