Three things we just learned about the queen of hedge funds
Her computer-driven Systematica Investments, recently spun off from BlueCrest Capital, is on fire and its biggest fund earned 9.5 percent returns last month.
But today we discovered a few new things about the 48-year-old Brazilian-born boss, thanks to Bloomberg's
1. She used to ride a motorcycle.
Braga used a car metaphor to describe her computer-driven strategy with Systematica's BlueTrend and BlueMatrix funds: "We tend not to intervene with the car itself," she told Bloomberg. "But the engine gets fine-tuned."
That's interesting because Braga herself used to ride a Ducati Monster 700 motorcycle. Try to keep up, boys.
2. She's cold as ice and she likes her investments to be made the same way.
There's a reason Braga likes her funds to trade based on computer algorithms: she doesn't want any screw-ups due to unnecessary feelings.
"Systematic trading takes the emotion out of trading," she told Bloomberg. "A black box doesn't care" - but a trader who's forced to make tough decisions "takes that home with him."
3. She has a bad singing voice, but that doesn't stop her.
Braga is a true leader in every sense of the word. At a recent conference in Geneva, where Systematica is based, she tried to amp up employees by singing Pharrell's "Happy." Few people joined in, but that didn't stop her.
"I believe in leading from the front, so despite my lack of talent, I did sing," she told Bloomberg.
Read the full story from Bloomberg>>
- Should you be worried about the potential side-effects of the Covishield vaccine?
- India T20 World Cup squad: KulCha back on menu, KL Rahul dropped
- Sales of homes priced over ₹4 crore rise 10% in Jan-Mar in top 7 cities: CBRE
- Gold prices fluctuate as geopolitical tensions ease; US Fed meeting, payroll data to affect prices this week
- Best beaches to visit in Goa in 2024
- Nothing Phone (2a) blue edition launched
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market