[…]John Meriwether, who has already had two hedge funds blow up (LTCM being the most notable), is back for a third, according to FT.
The, which will be based in Greenwitch (naturally) will be called JM Advisors Management.[…]
[…]The fund is expected use the same strategy as both LTCM and JWM to make money: so-called relative value arbitrage, a quantitative investment strategy Mr Meriwether pioneered when he led the hugely successful bond arbitrage group at Salomon Brothers in the 1980s.[…]
Questo è già fallito due volte, e vuole provare a lanciare un terzo hedge funds ?
Non c’è il due senza il tre, poi con una strategia così assurda come la sua o come quella di Niederhoffer.
E’ proprio vero che la gente non impara mai dai propri errori.
