By Michelle Celarier
Does the media have hedge fund envy? That's what a hedge
fund manager recently suggested to me as the reason for what he
perceives as all the negative stories in the press about hedge
funds. A bit myopic, his comment got me wondering whether hedge
funders really understand the media. True, the press can
simplify, exaggerate and downright get things wrong, especially
when the topic is something as arcane and opaque to most folks
as the hedge fund world.
But what the media wants is not much different...