Wednesday, January 27, 2016

Tautology of the day

from the FT article on hedge funds today (p. 13,"Ackman falls . . ."):

"The returns for hedge funds in 2015 overall were unsatisfactory because they lost money for investors," said Rick Sopher,LCH chairman, "However, once again the top managers outperformed the average hedge fund manager."

This sighting is, in fact, that of a particularly rare sub-species, the double tautology. But I repeat myself.

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