Monday, May 07, 2007

The Sox and Strategic Allocation

SYNTHESIS

Ever wonder where John Henry got the money to buy the Florida Marlins and then the Red Sox? I have to admit, I'd never really wondered about it, but he's been one of America's leading hedge fund managers.

Alas, his fund has come upon hard times. Here's hoping the Sox don't have a similar decline.

1 Comments:

Blogger Drift said...

Well considering the guy bid $51,111,111.11 instead of a straight $50,000,000.00 because 11 is his lucky number, what do you expect? I'm not sure how you go about losing mone in one of the most wide-spread global asset bubbles of all time, but hey.

Monday, May 07, 2007 10:29:00 AM  

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