The type of car your fund manager drives may be related to his/her capacity for risk taking. Managers who drive sports cars are far more likely to take on risk than those that drive a more practical car such as a minivan or SUV. Researchers are calling this trait “sensation seeking.” You can expect more volatility if you’re working with a manager that’s cruising in a ferrari.
Read more here: https://www.bloomberg.com/news/articles/2016-12-13/when-your-hedge-fund-manager-buys-a-ferrari-find-a-new-manager
|
