This is the season: the season of deluxe accounts to identify billionaires in hedge funds who have made inconceivably more profits than the next hedge fund billionaire who reaped an unimaginable amount of money, and on the line. We’ve already seen that Chase Coleman (and His wifeEasy Englander and Steve Mandel have had good years (W. Careers) To their clients and, accordingly, to themselves. Likewise, Jim Simons’ heirs A. An impressive year To their customers, however Amazingly better For themselves.
But, well, how good is that? Bloomberg figured it was really good for Coleman, which he said He got only $ 3 billion for himself (So is it Wife’s handbag collection). Retired Simmons smoked the rest of the competition with $ 2.6 billion, followed by Englander with $ 2.2 billion and Mandel with $ 1.8 billion (along with Ken Griffin). But wait! Someone thinks these numbers are a bit distant. And this person is the dean of the amount of money that hedge fund managers made last year. Institutional investorsStephen Taub, And he’s got his junior tutoring lesson at Bloomberg on this, his 20th year fueled by more money than any reporter can imagine in any tangible way.
Volatility is increasing and stock markets are rising – regardless of their connection to the real economy – a select group of men (and yes, all men are there) IIRich List 2020) You will earn money. It might not seem like it, but it still is. Steve Tob, alone among his peers, understands it correctly consistently.
So, what does Professor Tobe’s coding for Bloomberg’s work look like? Well, they installed Simmons and Griffin, and got close enough to Steve Cohen, Philip Laffont, and Bill Ackman. But uh, they heard about David Teper? Because by Taub’s count, he made $ 1.7 billion last year. What about Scott Schleifer? They know more than one person works for Tiger Global, right? Did the other get 1.5 billion dollars in 2020? I think not. Do you know who did others? Andreas Halvorsen, which is $ 577 million more than Bloomberg.
Oh, and speaking of Tiger Global, Chase Coleman was definitely a very good year. Not as good as Bloomberg envisioned: He earned half a billion less, just enough for third place, not first. But all of this pales in comparison to any math atrocity that gave them a paltry $ 2.2 billion to England. Why, with this kind of trivial payday, the Millennium Leader can barely buy the real estate for him and his wife to hide from their families. Luckily for him, the folks at Bloomberg don’t know what they’re doing, because in profits of $ 3.8 billion in 2020, Izzy can’t just buy as much of the Upper East Side as he can, but he goes comfortably in the beginning through roughly Bill Ackman. Give or take.
All in all, Bloomberg: D-. Get it together or get out of the game.