Moore Capital Plans to “Go Small”

Hedge fund star Louis Bacon founder of Moore Capital says he will be giving back a large sum of to investors. Of course this is not an altruistic play as it is about the impact the euro zone crisis has had on traders as well as EU leaders’ inability to resolve it one way or another.    In any event, Moore Capital plans to “go small” because Mr. Bacon believes 18 months of disappointing investment returns requires giving back profits … [Read more...]