This week, on spacious lawns surrounding a turreted, gargoyle-encrusted mansion north of London, thousands of hedge fund managers and the bankers and lawyers who love them gathered for their own alternative festival, called Hedgestock....I wonder if, in every area of economic activity, there is a subdivision that attracts the "socially awkward," the iconoclasts, and whatever the equivalent of a hippie is. For example, in law, it's got to be the law professors (and some subjects more than others).
The Who, who played at Woodstock, headlined Hedgestock, and the band's guitarist, Pete Townshend, now 61 years old, did, in fact, do his trademark windmill guitar moves....
Unlike the perfectly polished, traditionally dressed and generally suave investment bankers who top the food chain in big banks, hedge fund managers have carved out a niche as the finance industry's iconoclasts. They do yoga; they buy modern art; they're often socially awkward.
June 9, 2006