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Mark Sellers closes hedge fund
By admin - Posted on October 5th, 2008
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Mark Sellers III's hedge-fund career peaked this summer about the time he turned 40. Then it cratered. Mr. Sellers, who once managed close to $300 million, is shutting his Chicago-based firm and retiring, at least until his distaste for the pressures of managing other people's money subsides.
"What I've learned about the hedge-fund business is that I hate it," says Mr. Sellers, a former stock analyst with Morningstar. "I have enough money that I don't have to work, and why should I put myself under that much stress?"
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Sellers Letter
Submitted by james (not verified) on Mon, 10/06/2008 - 23:52.
Thanks for link to letter, Gaurav. It was a good reply by Sellers. I also own PRXI and VMC which are Seller's favorites.
Mark Sellers Response to the article is here
Submitted by gaurav (not verified) on Mon, 10/06/2008 - 12:31.
