Battle Of The Hedge Rappers: Eye-Kaan Vs. Ack Man
January 24, 2013 - 5:58pm
Now that it is perfectly clear that the whole "hedge" part of "hedge fund" is moot, as Ben Bernanke will never allow anything to happen to the S&P, RUT, DJIA or any other stock index, in perpetuity or at least until the music stops, whichever comes first and Simon Potter is close to running out of VIX future contracts to sell, and thus any downside protection merely takes away from upside alpha (there is a reason why idiot money is outperforming hedge funds for the 3rd year in a row), prominent hedge fund billionaires have to find other outlets to satisfy their in kind sized egos. Such as engaging in pissing contest feuds on live TV. While we doubt either Eye-Kaan or Ack Man will engage in shootouts on the Las Vegas strip, we can't help but applaud when the "smartest guys in the room" openly talk shit about each other, such as what Ichan said about Ackman earlier on Bloomberg TV: "L...
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