It is ironic how some smaller hedge fund managers get a lot of publicity while a few of the largest rarely surface in the media.  The fund manager of the largest hedge fund - and a person the casual investor probably has never heard - Ray Dalio made a rare appearance on TV today.  Apparently there are some articles running around the internet speaking of such bizarre practices leading to a 30% annual turnover at his firm.  That was enough to smoke him out... it is a quite lengthy and interesting interview; any frankly anyone managing $60B is worth listening to.

24 minute interview - email readers will need to come to site to view.