‘Tis the season: the season for fancy back-of-the-envelope calculations to determine which hedge fund billionaires made inconceivably more money than the next hedge-fund billionaire who made an inconceivable amount of money, and on down the line. We’ve already seen that Chase Coleman (and his wife), Izzy Englander and Steve Mandel had pretty good years (and careers) for their clients and, consequently, for themselves. Likewise, Jim Simons’ heirs had a spectacularly shitty year for their clients, but an even more spectacularly good one for themselves. But, well, how good? Bloomberg calculated it was really, really, ... (full story)