I must have gotten into the wrong line of business.
The April 1st New York Times had an article about hedge fund managers doing fairly well while I am nailing those unbelievable CD interest rates.
One of these guys, initials D. T., pulled down a cool $4 billion for his efforts. He bet correctly that the government was going to bail out the banks and as a result, his fund went up 130% last year. I'll think of that when I get my next three-fourth of a per cent of interest on my six month CD.
The article went on to say that the 25 highest-paid hedge fund managers pulled in 25.3 billion for their gambling efforts. G.S. had $3.3 billion. Overall, HFMs made a minimum of $350 million.
I'm glad to see that some folks are doing so well.
Something Just Ain't Right Here. --RoadDog
I smile because I don't know what the hell is going on.
Being an account of some things I'm interested in, what I'm doing, and reflections on my past, especially music.
Listen to this man. Seven years of college, you know. Trying to reason with 2020 and, now, 2022.
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