Bloomberg – Almost half of Leslie Quick’s personal portfolio is dedicated to hedge funds, a position he’s increased this year even as the lightly regulated asset pools have returned less than 4 percent.
“I think we’re coming into a period where stock picking will be richly rewarded after returns that were anemic,” said Quick, 58, a founding partner of Morristown, New Jersey-based Massey, Quick & Co. LLC, an investment advisory firm with about $3 billion in assets under management. “When the volatility really started about a month ago, I walked away from the office with a real sense of calm.”
