Dmitry Balyasny knows he lives in a glass house and says he doesn't like to throw stones. But he has no problem tossing a few boulders. "We definitely don't need 8,000 hedge funds," Balyasny said in his third-quarter investor call, adding that 50% to 75% of all hedge funds will disappear. "There is going to be a giant washout of funds that don't bring anything to the table."
"When I started trading back in the early 1990s, we were taught from day one that a trader's ability to make money in equities - or