The hedge-fund industry just had its fourth-worst quarter on record, according to one industry watcher. Hedge funds lost 5.5% in the quarter, according to Hedge Fund Research Inc., “trailing only the third and fourth quarters of 2008 and the third quarter of 1998.” More here This is not surprising – as I have mentioned before…Details
Interesting talk by Sony Kapoor a former Lehman employee on how the financial system works versus how it actually should work.
A little piece that looks at the history of hating banks – who would have thunk that hating people who skew rules to suit themselves was a long held tradition.
Well October ended pretty much as it started with Europe still rooted, no useful suggestions as to what to do with Greece other than push it into the Mediterranean and sink it and markets moving one step forward and then one step back. However, in reviewing my posts for this months it is worth revisiting this idiot who predicted…Details
The always entertaining hedge fund manager Hugh Hendry. Much is written about hedge funds and the types that run them – this is a nice personal look at how they think. Hendry gets points for his openness and admissions of his own fallibility. Part One Part Two Part Three Part Four Part Five You might…Details
My recollection is that software demo’s are supposed to be a little bit over hyped but this women seems like she has hooked her undies up to mains and then leapt on stage.
I am not a fan of American politics or any sort of politics for that matter. However, I am a fan of Matt Taibbi of Rolling Stone. This is a fascinating piece on how truly screwed US politics is and how it is populated by absolute friggen lunatics. My favourite quotes from the piece –…Details