Hedge Fund Earnings
Want to make a fortune for yourself without making a fortune for your investors then run a hedge fund. Heads I win, tails you lose. More here – Institutional Investors Alpha
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Can a Stock-Trader-Turned-Convict Start a New Life?
One day in the middle of 2008, Sakhawat Khan, a Silicon Valley chip engineer, walked into a small house near the back of his two-acre property that his wife, Roomy, a stock trader, used as a home office. Roomy and Sakhawat met when they were electrical-engineering students at Columbia University. After graduating, Sakhawat started inventing,…
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Fake Hedge Fund Manager Fakes Death Using Fake Assistant
He never made real investments with funds, instead using the money for personal use, authorities said. To keep his companies going, he issued false earnings statements. “By pretending to be a successful hedge-fund manager, Malik conned investors into bankrolling his lavish lifestyle,” Andrew M. Calamari, director of the SEC’s New York Regional Office, said at…
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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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We Are All In The Wrong Line Of Work
Anyone who says the American Dream is dead doesn’t work at a hedge fund. Last year, hedge fund employees earned more money for lower performance. The 2015 Hedge Fund Compensation report indicates that hedge fund professionals’ bonuses and salaries increased this year, and that funds plan to boost hiring in the near future. However, according to…
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Hedge Fund Capital Hits Record $2.82 trillion
I have to admit the psychology behind the sort of decision to invest in a hedge fund that admits to grossly under performing every benchmark intrigues me and does show that Kahneman and Tversky were on the money when they said that money induced glitchy thinking and caused us to depart dramatically from the basic…
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Buffet Still Ahead In Hedge Fund Bet
This is rather like clubbing seals….. With four years to go in his bet with New York hedge fund firm Protégé Partners , Berkshire Hathaway’s Warren Buffet is sitting in the catbird seat. The Oracle of Omaha made a 10-year bet six years ago that money invested in an S&P index fund would outperform a…
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Hedge Funds Lose Money for Everyone
What could possibly go wrong….. When Douglas Kobak was an adviser at a large brokerage firm, he suggested his wealthiest clients buy a hedge fund promising to be “a very conservative alternative to bonds.” Then the credit crisis hit in 2008, the fund imploded and investors got 45 cents on the dollar — as long…
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