Hedge Funds who made more money than individual cos.

Discussion in 'Economics' started by Covertibility, Sep 14, 2010.

  1. Soros And Paulson Have Made Investors More Money Than Disney Or McDonald's

    George Soros' Quantum Fund has not just some of the most incredible returns in the industry - he has the best absolute returns of anyone else - ever.

    His investors' returns are even better than an early investor in Apple's.

    From the Financial Times:

    Soros has produced $32bn for his customers since setting up in 1973, an average of over $900m a year. Put another way, Mr Soros and his team of 300 have made their investors more than the total earnings of Apple, which employs 34,300, or Alcoa, one of America's 30 largest manufacturers.

    And since they opened, George Soros’s Quantum fund and John Paulson’s Paulson & Co have together made more money than Walt Disney or McDonald’s.

    New research has determined the 10 most successful hedge fund managers ever.

    Here's who else is on the list, in order:

    John Paulson's Paulson & Co
    Ray Dalio's Bridgewater
    Bruce Kovner's Caxton Global
    Seth Klarman's Baupost
    Alan Howard's Brevan Howard
    David Tepper's Appaloosa (#7)
    Louis Bacon's Moore Capital
    Steve Cohen's SAC Capital
    Eddie Lampert's ESL


    I liked the feature comment:
    "This shows that speculating in financial markets is now more rewarding than producing goods and services is."

    And some still preach EMH. tsk tsk