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August 13, 2007

Market Neutral Funds: Able to Lose Money in Any Market Condition -- And Tank in Some

Remarkable the performance of GS's GEO quant long-short fund losing 30% last week. That's tough to do in a market neutral fund, so kudos to 'em.

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Comments

Paul, you are TOO GIDDY WITH GLEE over these daily fund implosions, and potential for mortgage wackiness.

It's apparent that you LIVE for this kind of chaos.

:)

i wonder if the quant models over at renaissance technologies are taking a beating - or if they managed to stay ahead of the game.

@ John K, schadenfreude ist der schoenste freude!