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Hedge Fund League Tables - Personal Earnings 2009
drake
#1 Posted : Thursday, April 08, 2010 3:12:58 AM
Rank: Member


Joined: 8/8/2009
Posts: 170
The Hedge-Fund Manager League Table is out.... a chance to see who was hot and who was not (2009 vs. 2008 personal earnings estimates*)

Below is a list of the top 10. (Apologies for the poor formatting)

Read it and weep

Source: http://wallstreetandmain...e-fund-earners-in-2009/ (Wall Street & Main)

01: David Tepper || Appaloosa MGMT || $4.0B vs (425)MM

02: George Soros || Soros Fund MGMT || $3.3B vs $1.1B

03: James Simons || Renaissance Technologies || $2.5B vs $2.5B

04: John Paulson || Paulson & Company || $2.3 vs $2.0B

05: Steve Cohen || SAC Capital Advisors || $1.4B vs $(750)MM

06: Carl Icahn || Icahn Capital || $1.3B (2008 Unavailable)

06: Edward Lampert || ESL Investments || $1.3B (2008 Unavailable)

08: Kenneth Griffin || Citadel Investment Group || $900MM vs $(2.0B)

08: John Arnold || Centaurus Advisors || $900MM vs $1.5B

10: Philip Falcone || Harbinger Capital Partners || $825MM (2008 Unavailable)

* An estimate of management fees earned by the individual & the increase in value of personal stake in the fund.
drake
#2 Posted : Thursday, April 08, 2010 3:38:36 AM
Rank: Member


Joined: 8/8/2009
Posts: 170
Some quick comments on the 'MOTU' above:

+ George Soros has had 1 down year in 30 years!!!
1981 - (22.9%)

+ Jim Simons MEDALLION has OUTPACED BUFFET with average 45% returns NET of Fees since inception (1988) Buffet's BRK average 20% since 1965.

+ When everybody else was getting murdered heading for the exits, Jim Simons MEDALLION gained 80% in 2008

+ Part of Paulson's portfolio was short banks & financial institutions in 2008 - made $2B he then turned around and bought back the banks & other financial institutions in 2009 - he made another $2B

+
kizee
#3 Posted : Thursday, April 08, 2010 7:08:01 AM
Rank: Member


Joined: 1/9/2008
Posts: 537
sadly simmons has retired....lakini the man was a legend...guy used math models pekee to trade...
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