Comments on: New York Times Dispels Hedge Fund Bubble Mythology – Nearly http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/ A finance blog about hedge funds, portable alpha and alternative investing. Mon, 13 Feb 2012 11:26:54 +0000 http://wordpress.org/?v=abc hourly 1 By: allaboutalpha.com: AllAboutAlpha.com http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/comment-page-1/#comment-93939 allaboutalpha.com: AllAboutAlpha.com Sat, 29 Mar 2008 01:05:59 +0000 http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/#comment-93939 [...] This last point bears some reinforcement, we believe, because “bubbles” occur when investors bid up prices in a relatively short amount of time.  As this report points out, the percentage of assets managed by hedge funds has grown rather slowly, they continue to represent less than 1.5% of global “mainstream” assets and their net asset values are based on underlying securities, not a subjective premium like, for example, tech stocks (see related posting). [...] [...] This last point bears some reinforcement, we believe, because “bubbles” occur when investors bid up prices in a relatively short amount of time.  As this report points out, the percentage of assets managed by hedge funds has grown rather slowly, they continue to represent less than 1.5% of global “mainstream” assets and their net asset values are based on underlying securities, not a subjective premium like, for example, tech stocks (see related posting). [...]

]]> By: mike http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/comment-page-1/#comment-13591 mike Mon, 09 Jul 2007 19:05:22 +0000 http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/#comment-13591 Very good analysis. I wrote almost exactly the same but figured I was wasting my breath sending it to her. I'm a bit less forgiving in my assessment of the article. The simple fact that she didn't follow the typical OMG screed doesn't mean she should get a pass for assuming that somehow "hedge funds," generally, have some inherently sustainable edge that justifies their amazing valuations. Very good analysis.

I wrote almost exactly the same but figured I was wasting my breath sending it to her. I’m a bit less forgiving in my assessment of the article. The simple fact that she didn’t follow the typical OMG screed doesn’t mean she should get a pass for assuming that somehow “hedge funds,” generally, have some inherently sustainable edge that justifies their amazing valuations.

]]> By: Monday links: book value blues « Abnormal Returns http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/comment-page-1/#comment-13583 Monday links: book value blues « Abnormal Returns Mon, 09 Jul 2007 17:04:40 +0000 http://allaboutalpha.com/blog/2007/07/08/new-york-times-dispels-hedge-fund-bubble-mythology-nearly/#comment-13583 [...] All About Alpha for the potential for a bubble in the stocks of hedge fund managers. [...] [...] All About Alpha for the potential for a bubble in the stocks of hedge fund managers. [...]

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