Striking Stat of the Day

Many ordinary investors who trade currencies are a bit like casino gamblers: they may think they’ll win, but the odds are they won’t. Aite Group LLC, a Boston-based consulting firm, surveyed retail foreign-exchange traders in 2011 and found only 11 percent expected to lose money. Forty-one percent expected to earn monthly returns of more than…

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Hedge fund robots are crushing their human rivals

Its intriguing that they call trend followers robots – it is certainly robotic in execution but doesnt need a robot to execute. That’s a key lesson from 2014, when computer algorithm-led investing produced stellar returns, beating most gut-driven human managers and dramatically recovering most of their losses from 2011, 2012 and 2013. So-called managed futures…

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