You Are NOT the Hyena, This Hedge Fund Douchebag is the Hyena

Tuesday, May 25, 2010 , 0 Comments



I'm late to the party but this is hilarious so you're seeing it now.

Bess splayed out the hedgie mentality at Bridgewater via Dealbreaker:

Chapter 1: For example, when a pack of hyenas takes down a young wildebeest, is that good or evil? At face value, that might not be “good” because it seems cruel, and the poor wildebeest suffers and dies. Some people might even say that the hyenas are evil. Yet this type of apparently “cruel” behavior exists throughout the animal kingdom. Like death itself it is integral to the enormously complex and efficient system that has worked for as long as there has been life. It is good for both the hyenas who are operating in their self-interest and the interest of the greater system, including those of the wildebeest, because killing and eating the wildebeest fosters evolution (i.e., the natural process of improvement). In fact, if you changed anything about the way that dynamic works, the overall outcome would be worse.

While all this sounds very philosophical and removed from how to behave at Bridgewater, it is integral to how we operate. Bridgewater is based on the core belief that everyone here is evolving together. How well and how quickly we do that will have a huge effect on our well-being and the well-being of all the people we have contact with (e.g., our clients, our families, etc.). Those two things are inextricably linked. Further, to be successful and happy, not only do we have to be excellent, but we have to continue to improve at a surprisingly fast rate. Bridgewater also operates consistently with the belief that to be excellent and improve at a fast rate, we must be hyperrealistic and hypertruthful. We therefore need to overcome any impediments to being realistic and truthful.

The eXiled via Phil's Stock World

There are really no words for this. Too bad the hyenas eventually get cocky and end up flopping themselves off a cliff trying to leap for a big fat stupid wildebeest.

Jr Deputy Accountant

Some say he’s half man half fish, others say he’s more of a seventy/thirty split. Either way he’s a fishy bastard.

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