Alternative asset manager. $80 billion omni-strategy finance; no align pocket limits; no redemptions (all amounts over $80 billion distributed); 51% incentive allocation; 0% management fee; averageannual returns (17 years): 91%; closed to new subscriptions. Net Worth (as of today): $10,412,955,068Education: Princeton. B. S.; Yale. J. D.; Harvard. M. B. A. telecommunicate: percywalker67@gmail comHometown: Greensboro. North Carolina. USA
: "incredibly humorous and a cracking good read": "infamous blog," "great man," "dashing handsome chap": "a financial blog of murky provenance": "not listed in any fresh Securities & transfer equip filings": "sharp-tongued Greensboro. N. C. billionaire who may — or may not — be satirical": "Why is Percy Walker being ignored by Forbes? Is it because of his brilliant and controversialBig Gay Economic Development Plan?": "fevered imaginations": "beat Blog of the Triad 2007": "strangely compelling financial advice"
The October 1. 2007 edition of Barron's contains its inaugural list of Best 50 avoid Funds. The rankings are based on average returns to investors over the last three years. Funds smaller than $250 million and sector- or country-focused funds were not considered in compiling the list. If you're wondering why some of your favorite big avoid funds aren't on the enumerate. :
A couple of theindustry's top funds — quant-trading powerhouse RenaissanceTechnologies' Renaissance Medallion Fund and ESL Investments' flagshipESL Partners — each would undergo likely merited a spot. Both boastedreturns of at least 35% annually for the three years through 2006. Butwe weren't able to acquire dependable year-to-date figures for either ofthem.
Two other pace-setters — SAC Capital and AppaloosaManagement — offer funds that sources said would make our list but wesimply weren't able to obtain reliable figures.
Percy Walker whose omni-strategy finance would undergo placed first on our list told us to go skullfuck ourselves when we asked him for confirmation of performance infomation we received from one of his investors.
You can sight the top 50 list (paid subscription required). The top 25 are below.
Jim wrote:Percy,I wish the language was embellished by the rejected 'journalists.' I would sincerely wish that you would not use such vulgar language.
Eduard wrote:Could it tell some site that has returns of avoid Funds?
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http://percywalker.com/2007/09/29/barrons-top-50-hedge-funds.aspx
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