Are there any geniuses left?

November 01, 2011   Michelle Celarier


Whenever there’s a downturn, the scary truth gets whispered: There are no geniuses out there


Sometimes it seems the hedge fund industry is the victim of its own hype. Whenever there’s a downturn, the scary truth gets whispered: There are no geniuses out there.

John Paulson’s dreadful performance this year serves as...

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