Psychology Of Suspended Redemptions

`` Certainly, if I was in a hedge fund, any hedge fund that I though could or would suspend redemptions, I would be gone. It can't be too long at the rate of suspensions we are seeing before that psychology catches on. And when it does, (if indeed it hasn't happened already) any hedge fund using leverage or trapped in illiquid positions will be in deep trouble. Selling begets selling. More selling is coming.''