MoneyWeek

Star hedgie hits the panic button

“Two-thirds of the dollar gains made for investors since 2001 have been erased”

The New York hedge-fund star Chase Coleman once observed that “the person who does best is the one with the panic button furthest from his keyboard”. The line was typical of his suave persona as one of Wall Street’s most quietly effective operators. But even Coleman must have felt his arm stretching ever closer

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