Hedge Funds

Cannell's colorful business pitch

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Self-described curmudgeon and hedge fund manager, J. Carlo Cannell, certainly has a unique business pitch. In recent efforts to attract additional analysts to his San Francisco-based Cannell Capital Management, an advertisement was run that described the firm's philosophy. It read:

"Competition is a crucible that tempers the soul. It is hard to acquire wisdom from an armchair. We value tenacity and abhor sloth. Commitment to excellence is rare. Hard work alone is not enough. We guard capital with vigilance. Our founder is a skeptical curmudgeon who owns the same Volvo that he owned when he moved to California in