Guest guest Posted June 14, 2002 Report Share Posted June 14, 2002 They probably pay someone to do the yoga for them!!! > > skysby [sMTP:no_reply] > Thursday, June 13, 2002 8:30 PM > ashtanga yoga > ashtanga yoga Re: Hedge Fund managers > > Interesting, but what exactly do you mean? That because a fellow > makes 700 million a year, he can't be a real yogi? Well, now that > you mention it... > > ashtangayoga, tiber33 <no_reply> wrote: > > Since there has been some talk here about a certain ashtanga > > practicing hedge fund manager featured in a New York > > magazine article here is a report from Institutional Investor on > > what the top hedge fund magagers made last year... > > > > ----------------------------- > > The top earner was Soros, who pocketed $700 million even > > though he only had a 13 percent return on his fund last year. > > Soros, who manages $7 billion, is said to give away over $500 > > million a year to charity. So he still had $200 million left over > to > > play with. > > > > Among the other top earners are: > > > > * Bruce Kovner. With assets estimated at $5.5 billion, the > > chairman of Juilliard's board of trustees paid himself $500 > > million, Institutional Investor reports. But his Caxton Corp. fund > > managed to gain 30 percent. > > > > * Edward Lampert. The wunderkind of the markets, Lampert's > > Greenwich-based ESL Investments, was up by a jaw-dropping > > 53 percent - justifying his $445 million in earnings. Almost 85 > > percent of Lampert's $5 billion portfolio is concentrated in fewer > > than 10 stocks, including AutoZone. Go figure. > > > > * Steven Cohen. This day-trader commands exceptionally high > > fees due to the fact that he hasn't had a return of less than 30 > > percent in seven years. In 2001, he outdid himself with his $3.7 > > billion fund and gave himself a $428 million pat on the back. > > > > * David Tepper. The New Jersey head of Appaloosa > > management congratulated himself on 67 percent returns for his > > $969 million fund by boosting his bank account by $225 million. > > > > * Ken Griffin. The CEO of Chicago-based Citadel Investment > > Group is one of the few who doesn't pay himself 10 percent, > > settling for a modest 4 percent commission. But Griffin, who > > manages $7 billion, managed to net $215 million by the end of > > last year. And watch out: Griffin has hired several former Enron > > traders to help start up an energy trading business. > > > > * James Simon.This Long Islander's Renaissance > > Technologies Corp. racked up 33 percent in gains - leading to a > > $200 million payout. > > > > And finally, rounding out the club are Richard Perry of Perry > > Capital, who gave himself a $138 million payout, and > > Bermuda-based Munroe Trout of Trout Trading management > > Co., who banked $100 million. > > > > Sponsor > > > <http://rd./M=226014.2032696.3508022.1829184/D=egroupweb/S=170506 > 0955:HM/A=1000239/R=0/*http://ads.x10.com/?bHlhaG9vaG0xLmRhd=1024014631%3e > M=226014.2032696.3508022.1829184/D=egroupweb/S=1705060955:HM/A=1000239/R=1 > > > > <http://us.adserver./l?M=226014.2032696.3508022.1829184/D=egroupm > ail/S=1705060955:HM/A=1000239/rand=256115097> > > > ashtanga yoga > > > > Terms of Service > <>. Quote Link to comment Share on other sites More sharing options...
Guest guest Posted June 14, 2002 Report Share Posted June 14, 2002 I was joking when I said they probably paid for someone to do the yoga. We are all on the paths that God has chosen us to be on. god bless them if they make millions. If they give and are aware of the underprivilidged that is all that matters. I am sure that their practices are as important to them as mine is to me. > > hanzocdp [sMTP:no_reply] > Friday, June 14, 2002 9:45 AM > ashtanga yoga > ashtanga yoga Re: Hedge Fund managers > > Interesting how those who never make that kind of money act like they > know how it feels to deny that position. How many here can actually > be in such an unenlightening position and turn it down? > > > > ashtangayoga, "Gearhart, Margee" <mgearhart@s...> wrote: > > They probably pay someone to do the yoga for them!!! > > > > > > > > skysby [sMTP:no_reply] > > > Thursday, June 13, 2002 8:30 PM > > > ashtangayoga > > > ashtanga yoga Re: Hedge Fund managers > > > > > > Interesting, but what exactly do you mean? That because a fellow > > > makes 700 million a year, he can't be a real yogi? Well, now that > > > you mention it... > > > > > > ashtangayoga, tiber33 <no_reply> wrote: > > > > Since there has been some talk here about a certain ashtanga > > > > practicing hedge fund manager featured in a New York > > > > magazine article here is a report from Institutional Investor > on > > > > what the top hedge fund magagers made last year... > > > > > > > > ----------------------------- > > > > The top earner was Soros, who pocketed $700 million even > > > > though he only had a 13 percent return on his fund last year. > > > > Soros, who manages $7 billion, is said to give away over $500 > > > > million a year to charity. So he still had $200 million left > over > > > to > > > > play with. > > > > > > > > Among the other top earners are: > > > > > > > > * Bruce Kovner. With assets estimated at $5.5 billion, the > > > > chairman of Juilliard's board of trustees paid himself $500 > > > > million, Institutional Investor reports. But his Caxton Corp. > fund > > > > managed to gain 30 percent. > > > > > > > > * Edward Lampert. The wunderkind of the markets, Lampert's > > > > Greenwich-based ESL Investments, was up by a jaw-dropping > > > > 53 percent - justifying his $445 million in earnings. Almost 85 > > > > percent of Lampert's $5 billion portfolio is concentrated in > fewer > > > > than 10 stocks, including AutoZone. Go figure. > > > > > > > > * Steven Cohen. This day-trader commands exceptionally high > > > > fees due to the fact that he hasn't had a return of less than > 30 > > > > percent in seven years. In 2001, he outdid himself with his > $3.7 > > > > billion fund and gave himself a $428 million pat on the back. > > > > > > > > * David Tepper. The New Jersey head of Appaloosa > > > > management congratulated himself on 67 percent returns for his > > > > $969 million fund by boosting his bank account by $225 million. > > > > > > > > * Ken Griffin. The CEO of Chicago-based Citadel Investment > > > > Group is one of the few who doesn't pay himself 10 percent, > > > > settling for a modest 4 percent commission. But Griffin, who > > > > manages $7 billion, managed to net $215 million by the end of > > > > last year. And watch out: Griffin has hired several former > Enron > > > > traders to help start up an energy trading business. > > > > > > > > * James Simon.This Long Islander's Renaissance > > > > Technologies Corp. racked up 33 percent in gains - leading to a > > > > $200 million payout. > > > > > > > > And finally, rounding out the club are Richard Perry of Perry > > > > Capital, who gave himself a $138 million payout, and > > > > Bermuda-based Munroe Trout of Trout Trading management > > > > Co., who banked $100 million. > > > > > > > > > > > > Sponsor > > > > > > > > > > < <http://rd./M=226014.2032696.3508022.1829184/D=egroupweb/S=17> > 0506 > > > 0955:HM/A=1000239/R=0/* <http://ads.x10.com/?> > bHlhaG9vaG0xLmRhd=1024014631%3e > > > > M=226014.2032696.3508022.1829184/D=egroupweb/S=1705060955:HM/A=1000239 > /R=1 > > > > > > > > > > < <http://us.adserver./l?> > M=226014.2032696.3508022.1829184/D=egroupm > > > ail/S=1705060955:HM/A=1000239/rand=256115097> > > > > > > > > > ashtangayoga- > > > > > > > > > > > > Terms of > Service > > > < <>>. > > > > Sponsor > > > <http://rd./M=226014.2032696.3508022.1829184/D=egroupweb/S=170506 > 0955:HM/A=1000239/R=0/*http://ads.x10.com/?bHlhaG9vaG0xLmRhd=1024062322%3e > M=226014.2032696.3508022.1829184/D=egroupweb/S=1705060955:HM/A=1000239/R=1 > > > > <http://us.adserver./l?M=226014.2032696.3508022.1829184/D=egroupm > ail/S=1705060955:HM/A=1000239/rand=249236554> > > > ashtanga yoga > > > > Terms of Service > <>. Quote Link to comment Share on other sites More sharing options...
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