Paul Singer strikes back, says size is no enemy of performance
By Rob Copeland
Thu May 10, 2012
The Elliott Management honcho also blasts “complete baloney” of loose monetary policy.
||Wile E. Coyote
demonstrates the perils of overreaching.
LAS VEGAS -- Elliott Management founder Paul Singer offered
a full-throated defense of big hedge funds Wednesday, pushing
back against the notion that he and his peers are grazing at
the buffet of steady management fees.
In an on-stage interview at the SALT Conference in Las
Vegas, Singer boasted that his firm's growth from $1 million to
$19.2 billion during more than three decades had been
an "unalloyed positive."...
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