Hedge Fund Notes Disconnect Between Bank Strategy and Execution. Duh.

Hedge Fund Notes Disconnect Between Bank Strategy and Execution. Duh.

Second Curve Capital is a hedge fund, managing hogsheads of cash in long-term investments on the stocks of banks and financial services. Most of the year is spent over ponderous goblets of brandies, smoking fine cigars at financiers’ gentlemen’s clubs, absorbing the exuberance and doldrums of bank CEOs and presidents.