{"id":1263,"date":"2009-05-11T07:01:28","date_gmt":"2009-05-11T15:01:28","guid":{"rendered":"http:\/\/hodakvalue.com\/blog\/?p=1263"},"modified":"2009-05-11T07:07:05","modified_gmt":"2009-05-11T15:07:05","slug":"exploding-the-myth-of-hedge-funds-attracting-the-brightest","status":"publish","type":"post","link":"http:\/\/hodakvalue.com\/blog\/exploding-the-myth-of-hedge-funds-attracting-the-brightest\/","title":{"rendered":"Exploding a couple of hedge fund myths"},"content":{"rendered":"<p><strong>Myth 1<\/strong>:\u00a0 Hedge funds attract the best and the brightest<\/p>\n<p>Not more so than any other industry.\u00a0 In fact, it attracts its fair share of cranks and fools.\u00a0 Case in point:\u00a0 One can accuse a president of many things.\u00a0 <a href=\"http:\/\/www.telegraph.co.uk\/news\/worldnews\/northamerica\/usa\/barackobama\/5301078\/Barack-Obamas-rich-supporters-fear-his-tax-plans-show-hes-a-class-warrior.html\">Keeping his campaign promises<\/a> isn&#8217;t one of them:<\/p>\n<blockquote><p>A top Obama fundraiser and hedge fund manager said: &#8220;I&#8217;m appalled at the    anti-Wall Street rhetoric. It was OK on the campaign but now it&#8217;s the real    world. I&#8217;m surprised that Obama is turning out to be so left-wing. He&#8217;s a    real class warrior.<\/p><\/blockquote>\n<p>Which brings us to the second myth.<\/p>\n<p><strong>Myth 2<\/strong>:\u00a0 Hedge fund managers are a bastion of Republicanism<\/p>\n<p>Most people mistakenly think of Wall Street in general as pretty Republican.\u00a0 Most people, as usual, <a href=\"http:\/\/www.opensecrets.org\/industries\/indus.php?ind=F2700\">are wrong<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Myth 1:\u00a0 Hedge funds attract the best and the brightest Not more so than any other industry.\u00a0 In fact, it attracts its fair share of cranks and fools.\u00a0 Case in point:\u00a0 One can accuse a president of many things.\u00a0 Keeping his campaign promises isn&#8217;t one of them: A top Obama fundraiser and hedge fund manager [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20,21],"tags":[],"class_list":["post-1263","post","type-post","status-publish","format-standard","hentry","category-irrationality","category-politics"],"_links":{"self":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1263","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/comments?post=1263"}],"version-history":[{"count":5,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1263\/revisions"}],"predecessor-version":[{"id":1267,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/posts\/1263\/revisions\/1267"}],"wp:attachment":[{"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/media?parent=1263"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/categories?post=1263"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/hodakvalue.com\/blog\/wp-json\/wp\/v2\/tags?post=1263"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}