Archive for September 8th, 2007

Saturday, September 8th, 2007

Short-Term Capital Mismanagement: letter to investors

The following hilarious spoof is courtesy of David Fuller’s Fullermoney newsletter:
Dear investor, we’d like to take this opportunity to update you on the recent performance of our hedge fund, Short-Term Capital Mismanagement LLP.
As you know, market selection for the entire fund is guided by a proprietary investing tool we like to call “a dartboard”. Once […]

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