Letter writing is a dying art form replaced by more mundane and functional forms of communication such as emailing and texting. Neither of which carry the emotional resonance of writing something to someone by hand. Below is a letter from Jackson Pollocks father to his young son Dear Son Jack, Well it has…
Those looking into the collapse of MF Global reckon they have found 90% of the coin that mysteriously disappeared from clients accounts. Dealbook…..“Investigators have determined what happened to nearly all of the customer money that disappeared from MF Global around the time of its bankruptcy last Oct. 31, but have not publicly disclosed their progress,…
There has been much talk about how Kodak the inventor of the digital camera and responsible for much of the initial groundwork in that field could get it so friggen wrong that they are now history. The reasons as to why they buggered it up will be the subject of corporate analysts and historians for…
I have written before about the rise of sad bastardry in the modern world and lo and behold some clever clogs has produced this neat little graphic which nicely illustrates the cycle of sad bastardry.
The Practical Quant has an interesting breakdown of of the the performance of various styles of hedge fund investing. It has this interesting quote – While hedge funds have suffered through terrible years in the past, one gets the sense that investors are waking up to the fact that there just aren’t that many great trading…
Recently I came across two contradictory positions that I am trying to reconcile. I was researching the return for hedge funds for 2011 when I came across the RBC Hedge Fund 250 Index. According to the blurb – The RBC Hedge 250 Index is a non-investable benchmark of the performance of the hedge fund industry…
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