Once the most successful hedge fund manager in the world, Julian Robertson (Trades, Portfolio) is still active today.
When asked what is wrong with the hedge fund industry today, Robertson thinks that it has just expanded too rapidly.
There are simply too many hedge funds which spreads the talent too thin.
He also weighs in on the state of the market and other issues.
Link to video: http://video.foxbusiness.com/v/3921454530001/hedge-funds-hurting/#sp=show-clips
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