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Cover Story: The Secret World of Hedge Funds: Forget about George Soros and Tiger Management. Hed

Traders Magazine, July 2000

Sanford Wexler & John A. Byrne

The world of hedge funds is secretive and sometimes shadowy. But the image of the freewheeling hedge fund gunslinger is more the stuff of fiction than reality.

"I have always believed in the long-term," said Todd Harrison, partner and head trader at Cramer, Berkowitz & Co., a New York-based hedge fund with $350 million in assets under management. "I don't want to hurt the people I trade with [on the sellside]. I call them all through the day telling them what I'm seeing and doing. That's a mutually beneficial arrangement."

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