I used to think that those that ran hedge funds got rich because of their incredible returns. Then I heard about the 2 and 20 fee structure that most hedge funds charged. The typical hedge fund fee structure (historically) is 2% of assets under management and 20% of all positive returns. Therefore, if you gave…
Joe DiMaggio was one of the greatest hitters in baseball history. A three-time winner of the Most Valuable Player award, DiMaggio was selected to the Major League All-Star team in each of his thirteen seasons. He is best known for his remarkable hitting streak during the 1941 season when he recorded a hit in fifty-six…
I was having a catch up with my good mate and uber cool pad holder Jarrod yesterday – we both share a fascination with human performance. We are both interested in what we can get out of the machine we wander around in all day. As part of this quest he had recently been to see…
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