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Old 02-20-2016, 08:31 AM   #171
SteveEisenberg
Grand Sorcerer
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Quote:
Originally Posted by fjtorres View Post
In the real world they ["hedge fund managers"] are mostly middle-class working stiffs.
http://www.prnewswire.com/news-relea...300017634.html
Quote:
The 2015 Hedge Fund Compensation Report revealed that hedge fund professionals received increases in both base salary and year-end bonuses. The average reported cash compensation was up again in this year and came in at $368,000. Base salary grew by single digits this year, as bonuses grew by double digits again this year.
I suppose the median pay is less than that average. On the other hand, managers surely make more. In any event, $368,000 would seem to be about ten times the US median wage.

Now I just have to figure out what the heck a hedge fund is
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