Steve Sjuggerud Comments on Recent Hedge Fund RedemptionsNovember 2, 2015
The hedge fund world is having one of its worst years ever, with negative returns driving investors to pull money out of stocks, commodities, and bonds. Stansberry Research Editor Steve Sjuggerud – a former hedge fund pro – took a look at the numbers and rolled his eyes. As quoted by the New York Post, "I learned [from] being responsible for wealthy people's money that just because you have dollars doesn't mean you have sense. People, even on Wall Street, are often heavily driven by emotion." To read the full story, click here.