Covel Network: Michael Covel | TurtleTrader | Trend Following | 'Broke' Documentary Film || Contact

David Faber on Delevering

David Faber has been reporting today that Goldman Sachs and all “other” top hedge funds are 75%-100% done delevering their stat arb funds. Does anyone really believe some of the best hedge funds on the planet are really doing exactly what is being reported? Is the news that very successful hedge funds are now “delevered” supposed to pacify or make the average guy feel comfortable?

Comments are closed.

© 1996-2008 Michael Covel & TurtleTrader® | Trademark Notice | Subscribe (RSS) | Design by Forty | Contact Michael Covel