The wave of anti-hedge fund sentiment that we have predicted ever since 2013 - a direct consequence of centrally planned markets in which central bankers have become marketwide Chief Risk Officers, who intervene every time there is even a 5% drop, and have made risk hedging moot - has finally been unleashed: "in less than seven days, hedge funds have been subject to a three-pronged attack by some of the biggest names in finance," Bloomberg writes.

As a reminder, over the weekend, none other than folksy crony capitalist billionaire, Warren Buffett unloaded what he called a "sermon" about hedge funds and investment consultants, arguing that they are usually a "huge minus" for anyone who follows their advice, adding that passive investors can do better than "hyperactive" investments handled by consultants and managers who charge high fees.

This followed just days when a member of the very group that was bashed by Buffett, Dan Loeb, said that the past few months have been a "catastrophic" time for hedge funds adding that there is "no doubt that we are in the first innings of a washout in hedge funds and certain strategies."