When Your Hedge Fund Manager Buys a Ferrari, Find a New Manager# Stock
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It turns out that the car your hedge fund manager drives says something
about his capacity for risk taking -- and his ability to generate market-
beating returns. Minivan owners in particular run funds that tend to take on
far less risk and exhibit lower volatility than sports-car driving managers
, according to a new study by academics Yan Lu, Sugata Ray and Melvyn Teo.
https://www.bloomberg.com/news/articles/2016-12-13/when-your-hedge-fund-
manager-buys-a-ferrari-find-a-new-manager
about his capacity for risk taking -- and his ability to generate market-
beating returns. Minivan owners in particular run funds that tend to take on
far less risk and exhibit lower volatility than sports-car driving managers
, according to a new study by academics Yan Lu, Sugata Ray and Melvyn Teo.
https://www.bloomberg.com/news/articles/2016-12-13/when-your-hedge-fund-
manager-buys-a-ferrari-find-a-new-manager
