Thursday, March 1, 2007
Bad News for Beefer Bubble
I read that business school students are flocking to presentations by hedge funds, and that some hedge funds are looking there for some new hires. That reminded me of the rage in 1999 or so of B-school students going to high tech start-ups instead of traditional employers. As that was a sign of peaking then in the high tech bubble that soon blew up, I wondered as I read the article whether this interest by B-school students is another sign of a top in hedge funds - namely, their number, size, performance and ability to attract money. I'll write more on this subject later, but you can guess my answer - yes.