The hedge fund hall of fame

Alpha magazine has just released a hedge fund industry hall-of-fame list. There are 14 people on the list, most of whom you know about: James Simons, George Soros, Steven Cohen, Paul Tudor Jones and Michael Steinhardt, just to name a few. Alfred Winslow Jones, the inventor of the modern hedge fund and one of the lesser known names on the list, is credited with forming the first modern hedge fund; he pioneered the use of leverage and short selling to boost returns. Also lesser known is David Swenson, the chief investment officer at Yale University, who is known for developing the so-called Yale Model. These kinds of lists are a lot of fun. Still, some may feel left out. Notably left off: academics who pioneered the idea of modern portfolio theory.

For more:
- view the entire Alpha list

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