Hedge Fund Assholes

After dozens of interviews and conversations over the years with people involved with money management, I am struck by the arrogance of those in the business. Give most anyone a "significant" amount of money to manage and once they have a few or even one good year(s) watch that person develop a king size ego. People on the "buy-side" are by and large the most obnoxious group of people I know of. It's a sort of misguided god complex only they are not saving lives. Somehow sitting in front of a monitor, pressing a few buy and sell buttons and generating a return for your investors gives many a feeling of supreme superiority. At our firm we are constantly mindful of how silly most of our peers are. Just listen to them with their big words and convoluted reasons for why things happen as the "i'll play dumb" business reporter laps it up. So cute!!!