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.


  1. 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.

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

  3. @ John K, schadenfreude ist der schoenste freude!