When people in markets found out that fund manager Scott Bessent was a leading candidate for Treasury Secretary, the natural question to ask was: How good was he?His fund was Key Square Capital and I searched hard for his returns when his name was floated. I wasn't able to find them, which is almost always a bad sign (people tend to publish great returns).One the weekend, Reuters tracked them down and here they are:2016: +13% 2017: -7% 2018: -1.93% 2019: +0.49% 2020: -6.52% 2021: -8.46% 2022: +30.64%That's +2.89% annualized in a sizzling bull market.One of the investors was the New York Pension Fund. Bessent was seeded with $2 billion from Soros but it looks like that money was pulled in tim
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