#21 The Economist
Behind the Balance Sheet
00:00
The Rise of the Macro Hedge Fund
Fulcrum's done well, but the macro class hasn't. And there's been some classic blow-ups. I've forgotten the name of the fund that was betting against the Swiss Frank. They would have to give up and the Swiss Frank would go through the roof. You think, well, it just seemed mad. Are there still some mad people left in macro?
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