How do you run a hedge fund? U.S. colleges are showing how

IHT ^ | 12/25/08 | Stephanie Strom

[TigerLikesRooster]

How do you run a hedge fund? U.S. colleges are showing how

By Stephanie Strom

Thursday, December 25, 2008

Jaison Ipe was about two minutes into his introduction of Silk LLC, a mock hedge fund, when the questions started flying.

Why was the fund focusing only on biotechnology and not specialty pharmaceuticals? What was behind its name? Who were the scientists the fund planned to work with?

Ipe, a second-year student at the Yale School of Management, gamely gave answers, but the panel of bona fide hedge fund insiders gathered to judge his team's presentation kept peppering them with questions.

"Twenty minutes went by in what felt like 45 seconds," said Michael Shay, who led the Silk team.

The exercise was an unusual example of increasing efforts by business schools to educate students in the skills and knowledge most relevant to running hedge funds.

[TigerLikesRooster]

Isn't this rather behind the curve? Or this may be make-job programs for laid-off hedge-funders or faculty members with hedge fund specialty at colleges.:-)

[TigerLikesRooster]

Ping!

[Man50D]

A question in today's economic climate:

How does the fund plan to pay off one investor with the money from another investor?

[G.Mason]

Teach our children well.

[6SJ7]

Jaison Ipe was about two minutes into his introduction of Silk LLC, a mock hedge fund...

Silk LLC? A better name for a mock hedge fund would be Fleece LLC. It's more realistic.

[org.whodat]

Much simpler to attend a bookies joint in Vegas. You take the money, you lay the bet, you take your twenty five percent off of the top.

Bookies never lose only the ringers!!!

[org.whodat]

Forgot to add, this great gaming device was brought to you by newt and the boys.

[Founding Father]

ssshhhh! That is supposed to be a secret!

[Raster Man]

Required course supplies: smoke and mirrors.

[dennisw]

Isn't this rather behind the curve? Or this may be make-job programs for laid-off hedge-funders or faculty members with hedge fund specialty at colleges.:-)

The hedge fund boom is over. This is probably to keep faculty employed and not layer off. Teach a sexy subject like how to run a hedge fund LOL

If you want to learn the hedge fund ropes move to Greenwich Connecticut and start at the bottom at the Dunking Donuts. Heck some layed off hedgers are making the sugar glazed

[dennisw]

Meyer Lansky always said “I’m not a gambler. I own the gambling tables”

[AndyJackson]

Actually, it sounds like a good course. If you read the article, the course is about the management and administration of hedgefunds.

[org.whodat]

If you read the article, the course is about the management and administration of hedgefunds.

Correct and I provided the clif's notes!!!