Posts filed under “Hedge Funds”

Romancing Alpha, Forsaking Beta

Below is my presentation: The High Cost of Neuro-Financial Errors: How Cognitive Bias and Performance Chasing leads to Investing Failures at the Trustee Leadership Forum for Retirement Security conference at the Kennedy School, Harvard University June 10, 2013.



Cambridge is simply lovely . . .

Category: Hedge Funds, Investing, Psychology

How Alternative Investments Are ‘Misperception’

The hype surrounding alternatives, such as hedge funds, comes too heavily from those collecting fees from the asset class–and many institutional investors are being fooled, according to Jay Youngdahl, a senior fellow at Harvard University’s Initiative for Responsible Investment and a health plan trustee.

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February 14, 2013

Category: Hedge Funds, Video

Why Do You Want To Be A Hedge Fund Investor?

A hedge fund for you and me? The best move is to take a pass Barry Ritholtz Washington Post May 24 2013     Earlier this year, Goldman Sachs Asset Management announced that it would launch a new mutual fund that — apparently — will bring the joy of hedge fund investing to the masses….Read More

Category: Hedge Funds, Investing, Really, really bad calls

Risk Aversion Puts Hedge Funds Behind S&P 500

Click to enlarge Source: Bloomberg     from David Wilson of Bloomberg via the terminal: Hedge funds are paying a price for being too hesitant to buy stocks in the midst of a four-year bull market, according to Barry Ritholtz, FusionIQ’s chief executive officer. As the CHART OF THE DAY shows, Hedge Fund Research Inc.’s…Read More

Category: Hedge Funds, Psychology

Hedge Funds on Sale: Only $1,000 to Join

On today’s “Chart Attack,” Fusion IQ CEO and Director of Research Barry Ritholtz and Bloomberg’s Adam Johnson look at hedge fund performance on Bloomberg

The Mirage of Hedge Funds

(Source: Bloomberg, May 29, 2013) 4:51


Fusion IQ’s Barry Ritholz and Bloomberg’s Jason Kelly discuss investing in hedge funds with Trish Regan on Bloomberg Television’s “Street Smart.”

Hedge Funds on Sale: Only $1,000 to Join

(Source: Bloomberg, May 29, 2013) 6:09

Category: Hedge Funds, Media, Video

Proposal for New Hedge Fund Fee Structure: 1% + 33% of Alpha

One of my pet peeves is the way that insiders — whether corporate CEOs, hedge fund managers, or elected politicos — capture compensation (or credit) for normal cyclical gains they had little or nothing to do with. This is the approach favored by the Crony Capitalists — those people pretending to be free market participants,…Read More

Category: Crony Capitalists, Hedge Funds, Investing, Really, really bad calls

You Can Be a Hedge Fund Investor. But Why Would You?

>   My Sunday Washington Post column is out. This morning, we look at why hedge fund investing is so very overrated. The print version had the full headline then there were “You can be a hedge fund investor. But why would you?” (The online version is A hedge fund for you and me? The…Read More

Category: Apprenticed Investor, Hedge Funds

Romancing Alpha, Forsaking Beta

This is the presentation I gave at the IPI yesterday:

Category: Hedge Funds, Psychology

GMAMX: Goldman Sach’s Muppet Fund of Funds

In our day job, we have a Fiduciary relationship with our clients. A Fiduciary has a legal obligation where all actions are performed for the benefit of the client. It is a much higher duty of care than the typical “Suitability” standard, which essentially says you cannot sell Facebook IPO shares to Grandma. We sit on…Read More

Category: Hedge Funds, Investing, Really, really bad calls

Dilbert: The Best Way to Evaluate a Fund

Click to enlarge Source: Dilbert

Category: Hedge Funds, Humor, Weekend