» Posted by Martin Weil on February 12, 2008

It's that sad dawning when you realize the market is so much bigger than you are.

Mark Fishman on the failure of his $2 billion hedge fund, Sailfish, in the NY Times.

Sailfish was another hedge fund touting its managers' ability to earn excess returns with lower risk and volatility. More hedge fund failures are expected according to the article.

At a recent industry conference, one hedge fund manager, in an overview entitled "2008 and Beyond," was asked what his strategy was for 2008. "To get to, 'and beyond.' "

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