Wednesday, November 16, 2005
Overpaid Hedge Managers?
On average, the top 25 hedge fund managers earned at least $100 million in 2004. Are they overpaid? Compared that to the top 25 CEOs who made on average $72 million. No wonder why portfolio managers and the like are leaving to start up hedge funds. It's like during the internet bubble when even portfolio managers were leaving their job position to go work at internet companies in hopes of going public and making a truck load of money.
Disclamier:
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