There is an old saying that 'great ideas need landing gear
as well as wings'. The trouble with the hedge fund industry is
that it has plenty of landing gear that keeps it firmly rooted
to the ground and a distinct shortage of wings or lofty
That is the impression you would have, if you took the
comments made at the recent series of roundtables in Washington
as being in any way representative of the industry. Happily
they aren't. But the...