Some guy named "Paul Kedrosky" (what is that, Polish? yeesh!) popped up in the NY Times today with an uppity comment from back when Ron Insana left television and started his own hedge fund. The comment turned out to be true, sadly, with Insana now having shuttered his fund of funds and moved on.
More here at the NYT.
And to be somewhat more serious, Insana is a very smart and motivated guy, and I give him huge credit for taking a shot at running his own shop. But the hedge fund business is brutally, brutally tough — more so now than ever.
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