"I think there are still very talented traders at banks that could work out very well in the buy side. So, yes, we are looking to grow...If you hire one, it's like shark teeth. There's another five behind it." [Bloomberg TV]
May was the worst month for hedge funds since October 2008. The HFRX Global Hedge Fund Index lost 2.6 percent. Don’t tell that to Boaz Weinstein. Yeah, he might have lost $1 billion at Deutsche Bank, but that’s old news. Boaz’s Saba Capital (Hebrew for grandfather) bucked the trend in May, up 1.6 percent for the month and 5.8 percent for the year.
The hedge fund manager is prepared to fight Canada to the death.
He also didn’t need Institutional Investor to write a long feature on him, but he did help all the same.
The hedge fund manager is at war with Canada.
Luckily for them, they get a nice little return for their troubles.