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Daily Archives: December 12, 2012

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John Henry Shuts Up Shop

International Markets, Market WizardsBy Chris TateDecember 12, 2012

It was recently announced that one of the pioneers of managed futures John W Henry was shutting up shop after several difficult years in which his funds under management shrank from $2.5 billion in 2006 to around a $100 million. This made me wonder two things. Firstly, is there a shelf life to money managers.?…

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The Myth of American Meritocracy

Trading ResourcesBy Chris TateDecember 12, 2012

Lately I have had a bit of waiting time and I was able to read this article in full. Of the entire piece I found the passage below the most disturbing. As a history buff I am familiar with such behaviour in the old Soviet Union and Germany in the 1930’s where admission to schools…

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