Posts filed under “Hedge Funds”

Its all fun & games until someone loses an economy!

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Source: Bianco Research
This month, 1,865 pages of FOMC transcripts from 2008 were released to the public. Bloomberg studied the transcripts, finding on average about 25 references to laughter per meeting of the Federal Open Market Committee. This was almost half of the 45 giggles per FOMC meeting in 2007. Continues here

Category: Federal Reserve, Hedge Funds, Really, really bad calls

All Time Top 10 Hedge Fund Managers

Source: FT

Category: Hedge Funds, Investing, Trading

A Closer Look at Hedge Fund Under-Performance

  “The $2.5 trillion hedge-fund industry, whose money managers are among the finance world’s highest paid, is headed for its worst annual performance relative to U.S. stocks since at least 2005. The funds returned 7.1 percent in 2013 through November, according to data compiled by Bloomberg. That’s 22 percentage points less than the 29.1 percent…Read More

Category: Hedge Funds, Trading

Confessions of an Institutional Investor

Josh here – the other day I did a post about the amazing complexity and obsession with tail risk that’s caused so many professionally-managed investment pools to miss the market over the last few years (see: I don’t understand). Every general fights the last war, as they say, and a portfolio geared toward having a…Read More

Category: Asset Allocation, Hedge Funds, Really, really bad calls, Venture Capital

What Do Hedge Funds Spend On Regulatory Compliance?

Every now and then, I read an article that is factually accurate, technically correct — and utterly misleading. Items like this are “accurate but false” as they leave the reader with an impression of something that is incorrect. Because the world is nuanced and not black and white, the sum of many facts, statistics and…Read More

Category: Bad Math, Hedge Funds, Regulation

Skill vs Cost: The Myth of the Successful Money Manager

click for complete infographic
managed funds

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Category: Digital Media, Hedge Funds, Mutual Funds

The Price of Generating Alpha

Alpha is a zero-sum game, according to David Villa of the State of Wisconsin’s Investment Board. Here he talks about how making the right errors leads to high returns.

Category: Hedge Funds, Video

Buffett: Federal Reserve Is Greatest Hedge Fund in History

Billionaire investor Warren Buffett compared the U.S. Federal Reserve to a hedge fund because of the central bank’s ability to profit from bond purchases while accumulating a balance sheet of more than $3 trillion.

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Category: Federal Reserve, Hedge Funds, Video

Bill Ackman, CEO of Pershing Square Capital Management.

Category: Corporate Management, Hedge Funds, Video

1.6% & 18% is the New 2&20

Intriguing if slightly misguided article in the WSJ ( Hedge Funds Cut Back on Fees) about high fees that hedge funds charge, and how they have become somewhat lower. (My only beef with the article is that hedge fund under-performance has been going on for far longer than since the crisis). As I noted in…Read More

Category: Hedge Funds, Investing