tag:blogger.com,1999:blog-5880610.post693231974180907747..comments2024-01-13T18:57:18.243-05:00Comments on Information Processing: The most underpaid man in America?Steve Hsuhttp://www.blogger.com/profile/02428333897272913660noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5880610.post-49062845102993166852007-02-28T23:14:00.000-05:002007-02-28T23:14:00.000-05:00Anne/Terri,DO you have some basis for making that ...Anne/Terri,<BR/><BR/>DO you have some basis for making that claim? Do you know how much the founders of start-up hedge funds get paid, even ones which start with serious resumes? I do not think so. Do the math. Even if Swenson (implausibly) were able to start a fund with $5 billion, that is still only (?) $50 million in fixed fees, out of which a score of people need to get paid. Most likely, David Kanehttps://www.blogger.com/profile/12252169100218858880noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-34866575073995346702007-02-22T18:42:00.000-05:002007-02-22T18:42:00.000-05:00Anne, that was anne. I hate this comment form bec...Anne, that was anne. I hate this comment form because I forget my name.Terrihttps://www.blogger.com/profile/18092570612324280100noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-21283192119186207512007-02-22T18:41:00.000-05:002007-02-22T18:41:00.000-05:00David, you are wildly wrong.David, you are wildly wrong.Terrihttps://www.blogger.com/profile/18092570612324280100noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-89074065132420227022007-02-19T23:30:00.000-05:002007-02-19T23:30:00.000-05:00There is no way that Swensen, if he left academia ...There is no way that Swensen, if he left academia today, would start out making $100 million. (Just ask Jack Meyer if that is what his pay check looks like post-Harvard.) Now, if Swensen produced returns similar to those he has done at Yale over many years, then all things are possible. But that would be a lot tougher to do without the Yale name behind him.David Kanehttps://www.blogger.com/profile/12252169100218858880noreply@blogger.comtag:blogger.com,1999:blog-5880610.post-73647161527022621032007-02-18T20:33:00.000-05:002007-02-18T20:33:00.000-05:00I know David Swensen, and I especially know how fi...I know David Swensen, and I especially know how fine a person he is beyond investing.<BR/><BR/>AnneAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-5880610.post-78376841921707636862007-02-18T01:43:00.000-05:002007-02-18T01:43:00.000-05:00One could argue that a string theorist making $100...One could argue that a string theorist making $100K is grossly overpaid.Anonymousnoreply@blogger.com