Hedge Funds

Kessler reveals fondness of "Techdirt"

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Hedge fund manager turned author Andy Kessler, co-founder of Palo Alto, Calif.-based Velocity Capital Management, apparently thinks one of the best ways to keep on top of tech trends is to avidly read message boards like Slashdot.com run by self-avowed I.T. geeks. And Kessler, who last year wrote the New York Times bestseller Running Money, has a favorite source of inside tech rumors.

The former Morgan Stanley analyst says he is a big fan of the site Techdirt.com, a technology message board run by Silicon Valley wonks who disseminate and dissect the latest happenings in the tech arena on