Neiderhoffer

Hedge Funds are mature asset class. There is no way that fees can continue at 20 percent a year. Does anything maintain 20 percent profit growth per year? No.

 

Apparently his 7th order vanilla equity option risks went unhedged... again, what is a 7th moment risk in vanilla equity options?

I haven't read the story, but t was indeed the Mar08 1000 puts... which were sold naked, NO HEDGE.

 

You and your buddy Marketsurfer are like the Jets. Never win.

 

Actually, I don't think surf needs to offer anyone an apology. In fact, he posted and CONFIRMED VN's situation shortly after Pabst did. Only on this sophisticated site does every thread turn into the flaming of the surf.

 

How deep and intelligent! May I ask who mentored you in these divine analogies?

 

What are the fifth and sixth moments of a distribution? And how do I calculate them?

I never got beyond the fourth moment. I should never have canceled that advanced options seminar with Nitro!

 

I trade what I see.

 

Can you provide a link to this post?

I certainly don't remember it. All I remember is typical surf sycophancy.

 

It was in Pabst's orginal thread, which was removed.
Look in google's saved pages if you so desire.

EDIT: I just posted at Surf's exponential posting speed, with more posts per hour than I normally post in days/weeks. Time to take a break.

~ ta ta

 

Peter! Mr. Pulitzer on line one! This just in on the Bloomberg wire, "Deng Xiaoping is dead!"