Description: Vadim Perelman was a young hedge fund hot shot not so long ago, overseeing a portfolio in the hundreds of millions at the age of 31, hopping on corporate boards, and issuing lengthy slide presentations about his favorite stock picks.

Source: Forbes.com

Date: Mar 16, 2017

Link: https://www.forbes.com/sites/nathanvardi/2017/03/16/the-34-year-old-hedge-fund-manager-who-bet-everything-on-a-stock-that-tanked/#5585be5c16fb

Questions for discussion:

• Summarize the strategic thinking employed by Vadim Perelman.
• Why did it fail?
• What is the take away from this article for hedge fund managers and investors?