Friday, January 21, 2011
A few weeks ago on Twitter, we shared this interview with Sebastian Mallaby, who speaks to UC Berkeley about the future of the hedge fund industry for their "Conversations with History" series.
For those who may not know, Mallaby is the author of a recent book on hedge funds and the financial crisis called, More Money Than G-d: Hedge Funds and the Making of a New Elite.
One point that really caught my interest early on in the interview is an anecdote Mallaby shares regarding Paul Tudor Jones and the factors he attributed to his own success as a trader and hedge fund manager.
As Mallaby tells it, PTJ's explanation for his success is not at all the real reason why he is successful, but it is part of a common theme of professionals misattributing causes to explain their colleagues' and their own successes.
Enjoy the discussion; it should prove especially interesting to those who are in the business or watching the hedge fund space closely.
Related articles and posts:
1. A.W. Jones and hedge fund history - Finance Trends.
2. Interview with Sebastian Mallaby: the history of hedge funds - Martin Kronicle.
Subscribe to Finance Trends by email or get new posts via RSS. You can follow our real-time updates on Twitter.