January 25, 2022

someone needs to take Accounting 101

Here’s What a Hedge Fund Profit-And-Loss Statement DOESN’T Look Like

Oh Hamilton Nolan… you'd be wise to avoid writing about things you just don't understand. Case in point, this alleged hedge fund "P&L statement" he came up with that is less P&L and more some internal spreadsheet that likely got spit out by the fund's accounting software, if it's real at all: Hedge funds are […]