Isn't that fabulous everyone thinks they can trade....Obviously skills for a good analysis is not the same as placing bets and exiting those bets at the appropriate time, analysis only part of the quiz. Caetano and Schwartz may have bailed because they do not want to work for free the next year or so....
In Meredith's case.... "There is only one thing in the world worse than being talked about, and that is not being talked about." -Oscar Wilde
In 2009 she believed the world financial system was so broken and weak not even the FED could fix it. What she failed to see was that the FED could keep the game alive and well without fixing much. Another case of someone fighting the FED and it being very expensive.
%%%%%%%%%%%%%%%%%%%%%%%% She[Meredith w] probably will do real well long term; she made one of the best call$ of all time in big bank sector= short Citigroup. Amen + God bless her+ I see BAC just closed another bank branch............................................................................................
I am not sure about her fund doing well in the long term, despite making the correct call on Citi she lost a bundle on Lehman during the credit crisis ie she did not see the credit crisis/ housing as systemic issue rather Citi issue....