In Jasmin Leitner's article Time to Stop Keeping it Personal? for HFM Week, Patrick Ghali, Managing Partner, discuss the cult of personality in relation to hedge fund managers, commenting:
“If you’re an arrogant individual, what tends to happen is that you don’t want to admit to the fact that you could possibly have made a mistake, to such a degree that you blow up the fund or have massive losses, or at worst case, that you start fiddling the numbers because you don’t want to show that you’re wrong.”
The full article can be read here.
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