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Stripper Turned "Hedge Fund Manager" Smoking The Competition

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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]
@NikiMarx [Twitter]


UK Hedge Fund Manager's Chickens To Maintain The Lifestyle They've Grown Accustomed To In 2013

What motivates a hedge fund manager to continue busting his ass to churn out profits year after year, once he's already amassed a fortune most people can't even fathom, when he could easily pack it all in and live more than comfortably without ever working another day? For some, it's the thrill. For others, it's the trophy's wife's shoe habit. For Crispin Odey, it's the chickens. The Odey Asset Management founder (and sausage brand ambassador)'s got a mess of high-maintenance ones and earlier this year, had architects draft blueprints of a "Palladian-style" mansion he intended to build them (seen at left), replete with a grey zinc roof, "pediments, cornice, architrave, and frieze in English oak," and columns "hewn from the finest grey Forest of Dean standstone." After finishing 2011 down 20.3%, things were no doubt more than a little tense over in Herefordshire, where questions of whether or not construction would have to be halted, or if they'd have to make the switch to [whispers] generic-brand feed. Certainly a moment of panic swept over Odey each day when he returned home, wondering as he turned the knob if he'd be entering an empty house, the chickens gone and a note explaining they couldn't do this anymore on the fridge. Ran off with the general contractor because what was the point of shacking up with a money manger if the money wasn't there? Luckily for all parties involved, it won't have to come to that; according to Bloomberg Markets' annual ranking of the top performing hedge funds, performing under pressure is one of Odey's specialities.

Lifestyle That UK Hedge Fund Manager's Chickens Have Grown Accustomed To In Peril

Investors aren't the only ones affected by the 16.8 percent plunge.