Goldman Alumni Come Together for Sean Gallagher's Hedge Fund

The video discusses the trend of starting hedge funds after leaving firms like Goldman Sachs, despite the industry's challenges. It highlights the importance of differentiation and alternative strategies, focusing on small cap stocks. The hedge fund industry faces overcapacity and fee issues, but opportunities exist for those with unique perspectives.

Discuss the role of alternatives in the current hedge fund strategies.

What factors contribute to the overcapacity issue in the hedge fund industry?