Hedge Funds

Barton Biggs book gets buzz on NPR

by

National Public Radio's "Morning Edition" show on February 20 gave rare space to a hedge fund, discussing Barton Biggs' new book, "Hedge Hogging." The segment focused on some of the challenges Biggs faced in starting his firm in 2003, from the indignities of pitching his fund to obtuse investors to dealing with eccentric peers and dishonest rivals. The show described Biggs' view of today's hedge fund industry as "a grossly overpopulated losers' game with too many funds chasing too few profits." PG