When Hedge Funds Talk, People Listen

Two weeks ago, the Securities and Exchange Commission lifted a ban on hedge-fund advertising and promotion that had been in place since the Securities Act of 1933.

Twitter was quick to respond to the news with the hashtag #hedgefundslogans which produced some clever spoof taglines like: “Because you can only make so much money at Goldman Sachs!” And one of my favorites: “I don't always pay for underperformance, but when I do, I pay 2 and 20.”